subject: Refinancing Home Loan Benefits [print this page] Finally, it is important that when considering a refinancing home loan, that there is a benefit to the new mortgage loan. Without a benefit to the new home loan, manylenders will not approve the loan. So whether you are looking to lower your rate, lower your monthly payment, lower your loan term or take cash out, talk to yourhome mortgage consultant to see what benefits you have in refinancing.
