Mortgage recast vs. refinance: What’s the difference? 🏠💰 Both options can reduce your monthly payment, but they work in very different ways: 1️⃣ A recast adjusts your existing loan after a lump-sum payment. 2️⃣ A refinance replaces your loan with a new one, possibly with new terms or a new rate. Learn more here: www.houseloanblog.net/mortgage-recast-vs-refinance Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB. NMLS ID#2258 | MEMBER FDIC | EQUAL HOUSING LENDER #MortgageRec
Mortgage recast vs. refinance: What’s the difference? 🏠💰 Both optio…
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Recast Your Mortgage - How to Save Money Without RefinancingMake the most of your mortgage and save money with a loan recast! Ask your lender if they allow this process and get ready to lower your payments with no refinance process needed.#recast #mortgage #refinance #money #loans #savemoney | Travis Lang
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