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How Refinancing a Mortgage Impacts Your Credit Scores

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A woman in a t-shirt opens the shades to a window. Text reads “Does Refinancing Your Mortgage Impact Your Credit Scores?”
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Refinancing your mortgage can be a great way to lower your interest rate and reduce your monthly mortgage payment, but it can also impact your credit scores. [Duration - 2:27]

Highlights:

  • Refinancing can be a great way to change the terms of your loan.
  • Applying for loan refinancing can affect your credit, so do your research.
  • Don't skip payments while you wait for your refinancing approval.

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