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

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

   Streamline refinance. ... Your home equity is the difference between the two. For example, if you still owe $250,000 on your home, and it’s worth $325,000, your home equity is $75,000.

3. Streamline refinancing - Wikipedia

   en.wikipedia.org/wiki/Streamline_refinancing

   The FHA streamline refinancing program requires no repairs be made to the property except for the removal of lead-based paint. [6] For example, repairs to a roof, foundation or electrical wiring are not required for an FHA streamline refinancing. The FHA streamline refinancing program does not permit home owners to receive equity back as cash. [7]

4. Types of mortgage refinance: How to choose - AOL

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

   Streamline refinance: Available with an FHA, ... You’ll receive the difference between the loan amount and your outstanding mortgage in cash, which you can use for any purpose.

5. Looking to refinance your FHA mortgage? Make it easier and ...

   www.aol.com/finance/looking-refinance-fha...

   The FHA streamline refinance allows you to refinance an FHA loan without a new home appraisal. The lack of appraisal can save you time and money because the cost of a home appraisal is usually ...

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

   www.aol.com/finance/fha-streamline-refinance...

   An FHA streamline refinance is a type of refinance loan available to FHA loan borrowers. As with any refinance, it involves taking out a new mortgage that you use to pay off your current one.It ...

7. Is doing a VA cash-out refinance a good idea? Here’s ... - AOL

   www.aol.com/finance/doing-va-cash-refinance-good...

   What's the difference between a VA cash-out refinance and a VA streamline refinance? A VA cash-out refinance provides the borrower with cash proceeds, while a streamline refinance does not. The ...

8. Cash-out refinance explained: How it works — and when ... - AOL

   www.aol.com/finance/what-is-cash-out-refinance...

   A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving you the difference in cash. Learn how it works — and key risks ...

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

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

   The VA-backed streamline refinance, known as an Interest Rate Reduction Refinance Loan (IRRRL), ... What is the difference between a refinance appraisal and a home inspection?