Question by Jenna R: Is renewing and refinancing a mortgage the same thing?
I am looking for ways to pay down my mortgage faster if you have any advice that would be great. Also I would like to know if renewing and refinancing a mortgage is the same thing and is there any fees you have to pay when you do this.
What are the fees for doing this?
Answer by Appraiser guy
No such thing as renewing a mortgage. You can only refinance and yes you have fees to do this.
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