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  2. Do you need a down payment to refinance your mortgage? - AOL

    www.aol.com/finance/down-payment-refinance...

    Even though you don’t need a down payment to refinance, you do have to pay for it. Refinancing comes with closing costs. The average refinance closing costs total around $5,000 , according to ...

  3. How to save for a down payment - AOL

    www.aol.com/finance/save-down-payment-202835260.html

    FHA loans: Loans insured by the Federal Housing Administration (FHA) only require a 3.5 percent down payment of the purchase price. On a $300,000 home, that equals $10,500. On a $300,000 home ...

  4. Refinance appraisal: How it works and what to expect - AOL

    www.aol.com/finance/refinance-appraisal-works...

    The appraisal can help the lender learn about the value of homes in your neighborhood, as well as how you’ve maintained the property. Why do lenders require home appraisals for a refinance?

  5. Fact vs. fiction: Top 8 common home equity myths — debunked

    www.aol.com/finance/home-equity-myths-debunked...

    Myth #6: Home equity loans always require an appraisal. An in-person home appraisal used to be a standard requirement for financing, allowing for an unbiased licensed appraiser to assess the true ...

  6. Refinance appraisal: How it works and what to expect - AOL

    www.aol.com/finance/refinance-appraisal-works...

    In addition, refinancing when your home value increases can work in your favor. If the appraisal shows your home value has gone up, you may be eligible for a lower interest rate or be able to get ...

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

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

    A streamline refinance accelerates the process for borrowers by eliminating some refinance requirements, such as a credit check or appraisal. ... appraisal to estimate your home’s value. Your ...

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