– How does mortgage refinancing work, and why would a bank offer it if it saves the home buyer money? 1.02K viewsDecember 31, 2023 Question100.55K September 27, 2023 0 Comments Why would a bank offer refinancing at a lower interest? Is any money saved at all, or is it just paid on a different timeline? In: 265 37 Answers ActiveNewestOldest Anonymous Posted September 27, 2023 0 Comments Refinancing is basically just getting a loan to pay of your existing loan. You could do it without your bank having any real recourse by going to another bank, so a bank has an incentive to let you do it in house to keep your business. You are viewing 1 out of 37 answers, click here to view all answers. Register or Login
Latest Answers