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June 3, 2019
Question

If I have changed mortgage companies is that considered refinancing?

  • June 3, 2019
  • 1 reply
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1 reply

Employee
June 3, 2019

No, if your mortgage was sold or transferred to another company without changing the terms of your loan, you have not refinanced. 

Refinance is when you change the terms for either a better rate or a better payment period.