Tag Archives: difference

What is the difference between the Making Home Affordable refi and modification?

Question by Think about it: What is the difference between the Making Home Affordable refi and modification? My mortgage loan qualifies for the Making Home Affordable program, but I don’t know what the difference is between selecting a refinance or … Continue reading

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Is there a difference between a mortgage interest rate for a single-family compared to a two-family home?

by woodleywonderworks Question by me: Is there a difference between a mortgage interest rate for a single-family compared to a two-family home? I own a two-family home, aka duplex. I live in one unit and rent out the other. I … Continue reading

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Q&A: What’s the difference between a loan modification and normal refinancing?

by woodleywonderworks Question by Where’s my scooby snack?: What’s the difference between a loan modification and normal refinancing? They sound the same to me. I’m just a little confused. There’s also a second mortgage and short refinance. Can someone please … Continue reading

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Q&A: What is the difference between a second mortgage and a refinance?

by stirwise Question by gwizzle2002: What is the difference between a second mortgage and a refinance? I am financing a pool and was told by the lender that a refinance and a second mortgage are the same thing. Is that … Continue reading

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Can someone please tell me the difference between a 2nd mortgage, home equity loan and refinancing?

Question by angll_80: Can someone please tell me the difference between a 2nd mortgage, home equity loan and refinancing? Best answer: Answer by SuperCactusIf you own a home with a mortgage and you get a home equity loan the lender … Continue reading

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What is the difference between Florida Reverse Mortgage and Reverse Mortgage?

What is the difference between Florida Reverse Mortgage and Reverse Mortgage? Reverse Mortgages as we know is a rising force all over the world in the loan and insurance scenario. In this case buying and selling of properties occur at … Continue reading

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Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing?

Question by bayleigh789: Can someone explain the difference between using a mortgage broker, mortgage lender, & a bank for refinancing? What are the benefits and drawbacks to each? We are refinancing our home. Best answer: Answer by bostonianinmoA mortgage broker … Continue reading

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What’s the difference between home loan modification and mortgage refinancing?

by mortgagepaymentplan Question by justin mathes: What’s the difference between home loan modification and mortgage refinancing? home loan modification vs mortgage refinancing, are they the same thing? Best answer: Answer by researched itWith the federal government programs the difference is … Continue reading

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Q&A: What is the difference between refinancing a mortgage and getting home equity line of credit?

by haytham fox Question by christine [♥]: What is the difference between refinancing a mortgage and getting home equity line of credit? My mom wanted to know! =] Thanks! Best answer: Answer by jwishzrefinance means to replace your existing loan … Continue reading

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what’s the difference between mortgage refinancing & a home equity loan?

Question by shinypearl36: what’s the difference between mortgage refinancing & a home equity loan? Best answer: Answer by linkus86Mortgage refinancing is paying off your original loan and borrowing on a new (often larger) amount based upon the increased value of … Continue reading

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