Was financing Modification otherwise Refinancing Finest in my situation? Refinancing makes experience if you’re able to rating a lower notice rate, need certainly to supply the fresh guarantee of your property, or one another. Its particularly common in the modern rates ecosystem, but it is perhaps not in place of the disadvantages: Fundamental Differences when considering Modification and you can Refinancing In a few ways, loan mod and you may refinancing normally accomplish comparable goals – modifying brand new terms of the home loan – nonetheless they include completely different process. […]