can i refinance a home equity loan

You might even consider refinancing into a home equity line of credit. What can refinancing your home equity do for you? Reasons to refinance your home equity loan. Many factors change in the years after you take out your original home equity loan, and many of them are a good cause to consider home equity refinancing.

How Often Can You Refinance a Home Equity Loan? | Chron.com – Home equity lines of credit, or HELOCs, are common mortgage products on the U.S. lending market. These loans are often used to supplement first mortgage loans. However, the structure is usually.

Can You Apply for a Refinance & Home Equity Loan at the Same. – If you have equity in your home, you can apply for a home equity loan at the same time as you refinance. If you anticipate needing some extra cash, either now or down the road, getting a home equity loan – also known as a second mortgage – when you refinance saves you time and money, as well as the stress of going through the financing process twice.