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  2. How does a condo mortgage work? - AOL

    www.aol.com/finance/does-condo-mortgage...

    You also must check COA rules to ensure that there are no restrictions regarding rentals. Also, because this is a second property, be prepared for a higher down payment requirement and interest ...

  3. Don’t Waste Money: Avoid These 10 Costly Mistakes When ...

    www.aol.com/finance/10-mistakes-avoid-refinance...

    Refinancing for the Same Length of Time as Your Previous Loan “One of the biggest mistakes I see homeowners making is trying to refinance for the same length of time,” said John Li, ...

  4. How and When To Refinance a Mortgage Loan - AOL

    www.aol.com/finance/refinance-mortgage-loan...

    Refinancing a mortgage loan only makes good sense if you can get a lower interest rate than what you already have. So, say you took on a loan with 7% interest — a very high rate — refinancing ...

  5. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

  6. Mortgage refinance: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-refinance-does...

    To refinance a mortgage, you’ll pay between 2 and 5 percent of the loan amount in closing costs, so if you’re refinancing to save money, you’ll need to calculate your break-even point.

  7. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.

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