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2. Loan modification vs. refinance: Which option is best for you?

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   Loan modification vs. refinance Key terms. Loan refinance. A mortgage refinance involves swapping your current loan with a new one, typically with a different rate, term or both.

3. Loan Modification vs. Refinance: How to Determine Which Is ...

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   Their existing loans may have carried higher interest rates, … Continue reading → The post Loan Modification vs. Refinance appeared first on SmartAsset Blog.

4. Mortgage recasting: What it is and how it works - AOL

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   Mortgage recasting vs. refinancing There’s a big difference between recasting a mortgage and refinancing one, even though both can help you save money. Here’s how they compare:

5. Loan modification in the United States - Wikipedia

   en.wikipedia.org/wiki/Loan_modification_in_the...

   Loan modification is the systematic alteration of mortgage loan agreements that help those having problems making the payments by reducing interest rates, monthly payments or principal balances. Lending institutions could make one or more of these changes to relieve financial pressure on borrowers to prevent the condition of foreclosure.

6. Mortgage loan modification: What it is and how to get one - AOL

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

   USDA loan modification: With a USDA loan, you can modify your mortgage with an extended term of up to 40 years, reduce the interest rate and receive a “mortgage recovery advance,” a one-time ...

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

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   A loan modification changes the rate or term (or both) of the existing mortgage loan. A mortgage refinance changes the rate or term (or both) through a new mortgage loan.