What Is A Refi?
There are a ton of abbreviations in the mortgage world and it makes sense if you don't understand each one. Refi is easy, it's short for Refinance. But what is a refinance? In short, it's. basically restarting & restructuring your home loan. I spell it out in more detail in this video.
In short, most people "refinance" or "refi" their mortgage to drop the monthly payment, take cash out of their home, or payoff the loan sooner.
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Scott Groves, a 20 year veteran of the mortgage industry, and active Loan Officer who has funded over $1Billion of mortgages in his career... answers all your mortgage questions on this channel.
Whether you're a first time home-buyer, looking to refinance, or looking to sell your home & get a mortgage for your dream home, this channel can help clear up some questions. Didn't find what you are looking for on this channel? Just email Scott Groves with ANY mortgage question for a home loan ANYWHERE in the country. We will respond to your inquiry within 24 hours & will make a video for this channel answering your question. [email protected]
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