Whether it makes sense to refinance wil of course depend on your situation have you heard this before??). The process is similar to the financing process in buying a house, and the costs are similar though just slightly lower. The refinance calculator can help you determine the cost and benefits.

Depending on your goals and current loan, you may either refinance completely or add a second mortgage or uquity line behind your exisitng loan. Guidlines vary widely for what loans are available, so check with your loan agent for the posibilites. Some loans will actually go as high as 125% of the value of your home! For general guidlines, refer to What's Possible. And call / email us directly to get specific answers.