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Mortgage Toolbox for Consumers

This toolbox provides a series of questions and answers to help consumers understand the advantages and disadvantages of a mortgage refinance and a mortgage modification, and where they can get more information


  1. When is it right to refinance?

  2. Why consider refinancing?

  3. When is refinancing a bad idea?

  4. What determines eligibility to refinance?

  5. What will refinancing cost?

  6. What is "no-cost" refinancing?

  7. How do you calculate the break-even period?

  8. How can you shop for a new loan?

  9. What is a mortgage modification?

  10. When is modifying a good option?

  11. What are the benefits?

  12. How does it work?

  13. What are the next steps?

  14. What if I receive an offer from another company?

  15. Refinance and Modification Resources