{"id":39189,"date":"2024-04-01T14:18:42","date_gmt":"2024-04-01T14:18:42","guid":{"rendered":"https:\/\/www.miamiherald.com\/banks\/?p=39189"},"modified":"2024-08-07T01:54:19","modified_gmt":"2024-08-06T21:54:19","slug":"how-to-refinance-mortgage","status":"publish","type":"post","link":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/","title":{"rendered":"How to Refinance a Mortgage"},"content":{"rendered":" <p class=\"wp-block-paragraph\">Are you considering a <a href=\"https:\/\/www.miamiherald.com\/banks\/mortgage\/refinance-second-mortgage\/\">mortgage refinance<\/a>? The process is similar to taking out a loan to purchase a home, and depending on the lender, it can take between a few weeks and a month or more. Here\u2019s what else you need to know about the refinancing process, along with an overview of the eligibility guidelines, what costs to expect, and common mistakes you want to avoid to keep more of your hard-earned money in your pocket. <\/p> <h2 class=\"wp-block-heading\" id=\"h-what-does-it-mean-to-refinance-a-mortgage\"><strong>What Does It Mean to Refinance a Mortgage?<\/strong><\/h2> <p class=\"wp-block-paragraph\">When you refinance your mortgage, you\u2019re essentially replacing your existing mortgage loan with a new one. This strategy can offer an assortment of benefits, including: <\/p> <ul class=\"wp-block-list\"> <li><strong>Increased affordability: <\/strong>The primary draw of refinancing is the ability to potentially lower your monthly mortgage payments. <\/li> <li><strong>A lower interest rate: <\/strong>If rates are lower or your credit score has improved, you may be eligible for a more competitive interest rate. <\/li> <li><strong>New loan term: <\/strong>You can shorten the loan term to pay off your mortgage faster. (Be mindful that an extended loan term generally means a lower monthly mortgage payment and increased borrowing costs over the life of the loan).<\/li> <li><strong>Conversion abilities:<\/strong> You can switch from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage to get predictable monthly mortgage payments. <\/li> <li><strong>Accessibility to cash:<\/strong> A cash-out refinance lets you convert a portion of your home\u2019s equity into cash. <\/li> <\/ul> <h2 class=\"wp-block-heading\" id=\"h-what-are-the-potential-costs-associated-with-refinancing-a-mortgage\"><strong>What are the Potential Costs Associated with Refinancing a Mortgage?<\/strong><\/h2> <p class=\"wp-block-paragraph\">You can expect <a href=\"https:\/\/www.miamiherald.com\/banks\/refinance-mortgage-no-closing-costs\/\">closing costs<\/a> between 2% and 6% of your loan amount when refinancing. These include: <\/p> <ul class=\"wp-block-list\"> <li><strong>Application fee: <\/strong>This fee covers the cost of processing your application and is typically non-refundable, even if the lender denies your application.<\/li> <li><strong>Origination fee: <\/strong>The lender charges this fee to cover the costs of making the loan, and it is often expressed as a percentage of the loan amount.<\/li> <li><strong>Attorney fees:<\/strong> In some states, an attorney must be involved in refinancing to prepare and review closing documents.<\/li> <li><strong>Appraisal fee:<\/strong> The lender usually requires an independent appraisal to determine the current value of your property. <\/li> <li><strong>Credit report fee: <\/strong>Lenders pull your credit report to determine your creditworthiness and the interest rate they will offer you. <\/li> <li><strong>Survey fee: <\/strong>It covers the cost of verifying property lines and can be required if you\u2019re refinancing a mortgage on a property that hasn\u2019t been surveyed in a while.<\/li> <li><strong>Inspection fee:<\/strong> Some lenders may require a home inspection to check the condition of your home before approving you for a refinance.<\/li> <li><strong>Title search and insurance costs: <\/strong>A title search checks for any liens or problems with your property\u2019s title, and insurance protects the lender against any future title disputes should they arise. <\/li> <li><strong>Prepayment penalty (if applicable): <\/strong>Some loans include a penalty for paying off your existing mortgage early.<\/li> <\/ul> <p class=\"wp-block-paragraph\">Be sure to shop around, as some lenders offer no-cost refinancing options, where they either waive the fees or roll them into your loan. This perk comes at a cost, though, generally in the form of a slightly higher interest rate. So, comparing the short-term and long-term costs is essential to ensure you\u2019re getting the best deal. <\/p> <h2 class=\"wp-block-heading\" id=\"h-how-do-you-qualify-for-mortgage-refinancing\"><strong>How Do You Qualify for Mortgage Refinancing?<\/strong><\/h2> <p class=\"wp-block-paragraph\">Mortgage lenders evaluate several factors when deciding if you\u2019re a good fit for refinancing. Below is a closer look at what they expect: <\/p> <ul class=\"wp-block-list\"> <li><strong>Credit score:<\/strong> Lenders typically require a good to excellent credit score, as it tells them you\u2019re a low-risk borrower. <a href=\"https:\/\/www.miamiherald.com\/banks\/mortgage-refinance\/refinance-mortgage-bad-credit\/\">A lower credit score doesn\u2019t automatically mean you\u2019ll be denied a mortgage refinance<\/a> but expect less favorable loan terms. <\/li> <li><strong>Home equity:<\/strong> You\u2019ll also need at least 20% in home equity to qualify for refinancing with most lenders. Home equity is the portion of your home that you own outright. <\/li> <li><strong>Income: <\/strong>Prepare to provide financial documentation to substantiate your income. Your debt-to-income (DTI) ratio is assessed and should not exceed 43%. <\/li> <li><strong>Appraisal: <\/strong>The lender typically orders a home appraisal to determine your home\u2019s current market value. The home appraisal results also play a role in your eligibility for a refinance. <\/li> <\/ul> <h2 class=\"wp-block-heading\" id=\"h-how-long-does-the-process-of-refinancing-a-mortgage-typically-take\"><strong>How Long Does the Process of Refinancing a Mortgage Typically Take?<\/strong><\/h2> <p class=\"wp-block-paragraph\">The process of refinancing your mortgage loan comprises several key stages, each with its own time frame, as indicated below: <\/p> <ul class=\"wp-block-list\"> <li><strong>Application and documentation phase:<\/strong> a few days to a week <\/li> <li><strong>Loan processing phase: <\/strong>a few days to a few weeks <\/li> <li><strong>Appraisal and inspection phase: <\/strong>one to two weeks (depending on the property appraiser\u2019s availability)<\/li> <li><strong>Underwriting phase: <\/strong>one to two weeks <\/li> <li><strong>Approval and closing phase:<\/strong> up to one week<\/li> <\/ul> <p class=\"wp-block-paragraph\">On average, these combined steps generally require between 30 and 45 days to complete. However, the timeline may vary based on external factors, such as third-party services and your financial situation. That said, being proactive in providing the necessary documentation can help keep the process moving swiftly. <\/p> <h2 class=\"wp-block-heading\" id=\"h-how-to-refinance-a-mortgage-nbsp\"><strong>How to Refinance a Mortgage <\/strong><\/h2> <p class=\"wp-block-paragraph\">Before moving forward with a mortgage refinance, take some time to familiarize yourself with the process. That way, you\u2019ll know what to expect every step of the way. <\/p> <h3 class=\"wp-block-heading\" id=\"h-1-understand-your-financial-goals\">1. Understand Your Financial Goals<\/h3> <p class=\"wp-block-paragraph\">What\u2019s your primary reason for refinancing? Is it a lower interest rate, more affordable monthly payments or a loan term change? Or are you interested in converting your equity into cash? Regardless of your reasoning, you want to be clear about what you want to accomplish before exploring loan options. <\/p> <h3 class=\"wp-block-heading\" id=\"h-2-assess-your-financial-situation-nbsp\">2. Assess Your Financial Situation <\/h3> <p class=\"wp-block-paragraph\">Evaluate your monthly income and expenses to ensure you can manage the new monthly mortgage payments. If they\u2019re a bit steep, review your budget to see if you can make cuts or if you should hold off on refinancing until rates are lower or you\u2019re in a better financial situation. <\/p> <h3 class=\"wp-block-heading\" id=\"h-3-check-your-credit-score-and-home-equity\">3. Check Your Credit Score and Home Equity<\/h3> <p class=\"wp-block-paragraph\">Your credit score is based on data in your credit report, so review it carefully and highlight any errors. File disputes with the appropriate credit bureaus promptly to have any information removed that may be dragging your credit score down. Remember, a higher score may qualify you for better loan terms, so it\u2019s worth improving if needed before applying. <\/p> <p class=\"wp-block-paragraph\">Confirming that you have enough equity in your home to qualify for a mortgage refinance is equally important. As previously mentioned, most lenders prefer 20% or more. <\/p> <h3 class=\"wp-block-heading\" id=\"h-4-find-the-right-lender\">4. Find the Right Lender<\/h3> <p class=\"wp-block-paragraph\"> Shop around and compare offers from different lenders and your current lender. Each lender may have distinct terms and closing costs, which can significantly affect the savings from refinancing.<\/p> <h3 class=\"wp-block-heading\" id=\"h-5-submit-application-and-supporting-documentation-nbsp\">5. Submit Application and Supporting Documentation <\/h3> <p class=\"wp-block-paragraph\">Once you\u2019ve selected a lender, submit your application. Once you\u2019ve chosen a lender, submit your application. You must provide financial documents, including tax returns, pay stubs and bank statements. Submit your information sooner rather than later to avoid hiccups when processing your loan application. <\/p> <h3 class=\"wp-block-heading\" id=\"h-6-get-a-home-appraisal\">6. Get a Home Appraisal<\/h3> <p class=\"wp-block-paragraph\">The lender\u2019s underwriting department will review your loan application and order an appraisal to determine your home\u2019s value (appraisal). This step is integral as it can influence the loan-to-value (LTV) ratio and the refinance terms, assuming you\u2019re eligible.<\/p> <h3 class=\"wp-block-heading\" id=\"h-7-close-on-the-new-loan-nbsp\">7. Close on the New Loan <\/h3> <p class=\"wp-block-paragraph\">Upon approval and finalizing the loan terms, you\u2019ll proceed to the closing. Here, you\u2019ll sign the new loan documents and pay any remaining closing costs.<\/p> <h2 class=\"wp-block-heading\" id=\"h-common-mistakes-to-avoid-while-refinancing\"><strong>Common Mistakes to Avoid While Refinancing<\/strong><\/h2> <p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.miamiherald.com\/banks\/mortgage-refinance\/when-refinance-mortgage\/\">When considering refinancing your mortgage loan<\/a>, being aware of common pitfalls can help you save time and money. Here are some critical mistakes homeowners make and how to avoid them: <\/p> <ul class=\"wp-block-list\"> <li><strong>Not shopping around: <\/strong>Don\u2019t settle on the first offer. Compare rates and fees from multiple lenders to ensure you\u2019re getting the best deal.<\/li> <li><strong>Ignoring your credit score: <\/strong>Your credit score can significantly affect your refinance rates. Aim to boost your credit score before applying to secure lower rates.<\/li> <li><strong>Forgetting closing costs:<\/strong> <a href=\"https:\/\/www.miamiherald.com\/banks\/mortgage-refinance\/cost\/\">Refinancing comes at a cost<\/a>. Account for closing costs to determine if refinancing will truly save you money in the long run.<\/li> <li><strong>Extending the loan term:<\/strong> Although a longer loan term can lower monthly payments, it might increase the total interest paid over the life of the loan.<\/li> <li><strong>Overlooking the break-even point: <\/strong>Calculate your break-even point to see when savings from a lower rate will offset the costs of refinancing.<\/li> <li><strong>Neglecting the loan type: <\/strong>Determine if a cash-out refinance serves your financial goals better than a rate-and-term refinance. A cash-out refinance means a steeper loan amount, and you could get a higher rate. <\/li> <li><strong>Timing mistakes:<\/strong> <a href=\"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-soon-refinance-mortgage\/\">Refinance when it financially makes sense<\/a>. Don\u2019t rush if rates are unfavorable or if you plan to move soon. <\/li> <\/ul> <h2 class=\"wp-block-heading\" id=\"h-conclusion-deciding-whether-to-refinance-a-mortgage\"><strong>Conclusion: Deciding Whether to Refinance a Mortgage<\/strong><\/h2> <p class=\"wp-block-paragraph\">Refinancing your mortgage can be a financially sound strategy, but <a href=\"https:\/\/www.miamiherald.com\/banks\/mortgage\/should-you-refinance\/\">several factors must be considered to decide if it makes financial sense.<\/a> Before moving forward, run the numbers to determine if the monthly mortgage payments will work for your budget. Also, shop around and compare loan offers to determine if the interest rates you\u2019re offered beat out what you currently have. <\/p> <p class=\"wp-block-paragraph\">Also, factor in the costs involved with refinancing. Calculate the break-even point to determine how long you have to stay in the home for refinancing to make sense. If it\u2019s a period that works for you, refinancing could be worthwhile. <\/p> <p class=\"wp-block-paragraph\">In this case, take the necessary steps to understand the lending process in its entirety. <\/p> ","protected":false},"excerpt":{"rendered":"<p>Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.<\/p> ","protected":false},"author":7,"featured_media":39376,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[244,217],"tags":[],"class_list":["post-39189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-refinance","category-mortgage"],"acf":{"zone_id":"314625","sponsored":false,"external_author":1943,"external_editor":39659,"not_show_feature_image":false},"featured_image_src":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg","author_info":{"display_name":"","author_link":"https:\/\/www.miamiherald.com\/banks\/author\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Refinance a Mortgage | Miami Herald<\/title>\n<meta name=\"description\" content=\"Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Refinance a Mortgage\" \/>\n<meta property=\"og:description\" content=\"Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/\" \/>\n<meta property=\"og:site_name\" content=\"Miami Herald - Personal Finance\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-01T14:18:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-06T21:54:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/\"},\"author\":{\"@type\":\"Person\",\"image\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/Allison-Martin.png\",\"name\":\"Allison Martin\",\"jobTitle\":\"Writer\",\"url\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/author\\\/allison-martin\\\/\",\"description\":\"&lt;p&gt;Allison Martin is a personal finance enthusiast and a passionate entrepreneur. With over a decade of experience, Allison has made a name for herself as a syndicated financial writer.&lt;\\\/p&gt;\\n\"},\"headline\":\"How to Refinance a Mortgage\",\"datePublished\":\"2024-04-01T14:18:42+00:00\",\"dateModified\":\"2024-08-06T21:54:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/\"},\"wordCount\":1572,\"image\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/how-to-refinance-a-mortgage.jpg\",\"articleSection\":[\"Mortgage Refinance Loans\",\"Mortgage Loans\"],\"inLanguage\":\"en-US\",\"timeRequired\":\"PT1MIN\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/\",\"url\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/\",\"name\":\"How to Refinance a Mortgage | Miami Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/how-to-refinance-a-mortgage.jpg\",\"datePublished\":\"2024-04-01T14:18:42+00:00\",\"dateModified\":\"2024-08-06T21:54:19+00:00\",\"author\":{\"@id\":\"\"},\"description\":\"Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/how-to-refinance-a-mortgage.jpg\",\"contentUrl\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/how-to-refinance-a-mortgage.jpg\",\"width\":1200,\"height\":800,\"caption\":\"how to refinance a mortgage\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/mortgage\\\/how-to-refinance-mortgage\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Refinance a Mortgage\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/#website\",\"url\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/\",\"name\":\"Miami Herald - Personal Finance\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"\",\"url\":\"https:\\\/\\\/www.miamiherald.com\\\/banks\\\/author\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How to Refinance a Mortgage | Miami Herald","description":"Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/","og_locale":"en_US","og_type":"article","og_title":"How to Refinance a Mortgage","og_description":"Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.","og_url":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/","og_site_name":"Miami Herald - Personal Finance","article_published_time":"2024-04-01T14:18:42+00:00","article_modified_time":"2024-08-06T21:54:19+00:00","og_image":[{"width":1200,"height":800,"url":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#article","isPartOf":{"@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/"},"author":{"@type":"Person","image":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2023\/11\/Allison-Martin.png","name":"Allison Martin","jobTitle":"Writer","url":"https:\/\/www.miamiherald.com\/banks\/author\/allison-martin\/","description":"&lt;p&gt;Allison Martin is a personal finance enthusiast and a passionate entrepreneur. With over a decade of experience, Allison has made a name for herself as a syndicated financial writer.&lt;\/p&gt;\n"},"headline":"How to Refinance a Mortgage","datePublished":"2024-04-01T14:18:42+00:00","dateModified":"2024-08-06T21:54:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/"},"wordCount":1572,"image":{"@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#primaryimage"},"thumbnailUrl":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg","articleSection":["Mortgage Refinance Loans","Mortgage Loans"],"inLanguage":"en-US","timeRequired":"PT1MIN"},{"@type":"WebPage","@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/","url":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/","name":"How to Refinance a Mortgage | Miami Herald","isPartOf":{"@id":"https:\/\/www.miamiherald.com\/banks\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#primaryimage"},"image":{"@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#primaryimage"},"thumbnailUrl":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg","datePublished":"2024-04-01T14:18:42+00:00","dateModified":"2024-08-06T21:54:19+00:00","author":{"@id":""},"description":"Looking to refinance your mortgage but not sure where to start? This comprehensive guide will walk you through the process.","breadcrumb":{"@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#primaryimage","url":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg","contentUrl":"https:\/\/www.miamiherald.com\/banks\/wp-content\/uploads\/2024\/04\/how-to-refinance-a-mortgage.jpg","width":1200,"height":800,"caption":"how to refinance a mortgage"},{"@type":"BreadcrumbList","@id":"https:\/\/www.miamiherald.com\/banks\/mortgage\/how-to-refinance-mortgage\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.miamiherald.com\/banks\/"},{"@type":"ListItem","position":2,"name":"How to Refinance a Mortgage"}]},{"@type":"WebSite","@id":"https:\/\/www.miamiherald.com\/banks\/#website","url":"https:\/\/www.miamiherald.com\/banks\/","name":"Miami Herald - Personal Finance","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.miamiherald.com\/banks\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"","url":"https:\/\/www.miamiherald.com\/banks\/author\/"}]}},"_links":{"self":[{"attributes":[],"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/posts\/39189"}],"collection":[{"attributes":[],"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/posts"}],"about":[{"attributes":[],"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"attributes":{"embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"attributes":{"embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/comments?post=39189"}],"version-history":[{"attributes":{"count":0},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/posts\/39189\/revisions"}],"acf:post":[{"attributes":{"embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/external-author\/39659"},{"attributes":{"embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/external-author\/1943"}],"wp:featuredmedia":[{"attributes":{"embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/media\/39376"}],"wp:attachment":[{"attributes":[],"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/media?parent=39189"}],"wp:term":[{"attributes":{"taxonomy":"category","embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/categories?post=39189"},{"attributes":{"taxonomy":"post_tag","embeddable":true},"href":"https:\/\/www.miamiherald.com\/banks\/wp-json\/wp\/v2\/tags?post=39189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}