Remove Insurance Remove Loan Conditions Remove Property Taxes
article thumbnail

Does Refinancing Affect Your Taxes?

Assurance Financial

Refinancing could potentially lower your monthly payments , allow you to consolidate debt, speed up the payoff process for your mortgage, eliminate your private mortgage insurance (PMI) and put more cash in your pocket. Does Refinancing Affect Property Taxes? are subject to property taxes. Homeowners in the U.S.

article thumbnail

Explaining the Home Loan Process Part 6: Loan Service Transfer

PennyMac

Loan Servicing Definition and Overview Loan servicing is the administrative process of managing and collecting payments on a loan after it has been originated. A loan service transfer is when your lender hands over the management of your loan to a new mortgage or servicing company.