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How does refinance work? Refinancing a mortgage can help homeowners lower their interest rates, reduce monthly payments, and access cash for important goals like home improvements or debt consolidation. But what does refinancing really mean, and how does it work for different situations? In this video, Andrew Taylor and Brennen Moloney break down everything you need to know about refinancing, from how to refinance a mortgage with lower credit scores to whether it’s better to choose a cash-in or cash-out refinance! For mortgage brokers, we’ll explain why tools like A&D Mortgage’s CRM and Quick Pricer are essential for managing clients and maximizing refinance opportunities. Whether you're assisting borrowers in reducing mortgage terms, refinancing investment properties, or understanding area median income (AMI) limits, this video covers it all. Explore scenarios like refinancing after an ARM loan, removing borrowers after a divorce, or using a recast option to adjust loan payments without fully refinancing. With tips on refinancing rental properties, streamlining FHA loans, and making the most of current mortgage trends, this is your ultimate guide to unlocking refinance success. #realestate #mortgage #refinance #realestateinvesting #mortgagecalculator #mortgagebroker #nonqmloans #mortgage #admortgage #fico #creditscore #MortgageRates #mortgageadvice #fanniemae _____________________________________________________________________ A&D Mortgage (NMLS # 958660) is a top wholesale and correspondent lender, bringing first class service. We are a nationwide lender able to conduct business in 40+ states. Join the more than 6,000 companies who’ve already chosen A&D Mortgage as their long-term partner to expand their pipeline! Learn About Programs: https://admortgage.com/our-programs/?... Calculate Your Loan: https://admortgage.com/?utm_source=yt... Submit Scenario: https://admortgage.com/scenario-reque... Become a Partner: https://admortgage.com/become-a-partn... Follow us where you wish: LinkedIn: / admortgage Facebook: / admortgagecompany Instagram: / admortgagellc Twitter: / ad_mortgage Threads: https://www.threads.net/@admortgagellc Telegram: https://t.me/admortgage_bot 00:00 Introduction & Agenda 07:12 Current State of the Refi Market and Forecasts 09:11 What Does Refinancing Mean? Refi Goals 10:33 Key Types of Refinancing 12:31 Who Can Benefit From Refinancing Now? Why Should I Refinance My Mortgage? 13:30 A&D Mortgage Refinance Options 14:27 Fannie vs Freddie: ReFiNow vs ReFi Possible 16:11 Area Median Income: AMI Lookup Tools 16:42 FHA Streamline Refinance 17:43 How Refinance Works: Steps for Your Client 20:48 Calculate Refinance Break Even Point 22:32 Tech: Mortgage Calculator Quick Pricer 24:12 Tech: Submit a Scenario 24:56 Case Study 1: School Teacher, 80% LTV, FICO 750 32:03 Case Study 2: Graphic Designer, 93% LTV, FICO 650 35:01 Q&A