Refinancing involves replacing an existing loan with a new one, typically to secure a lower interest rate, access equity, or consolidate debts.

Top Questions:

1. How do I know if refinancing is the right option for me?

2. What fees are involved in refinancing a loan?

3. Can I refinance if my property value has decreased?

4. How long does the refinancing process usually take?

5. What’s the difference between refinancing and loan restructuring?