7 min read
What Is Mortgage Recasting?
7 min readMortgage Recasting Explained Mortgage recasting lets homeowners lower their monthly payments by making a large, one-time payment on the main balance of their loan. Unlike refinancing, recasting does not change the interest rate or loan terms on your current mortgage. This is only open for certain mortgages, and lenders will say if you can use […]Continue reading "What Is Mortgage Recasting?"