Traditionally, taking out a new mortgage or trying to refinance (“refi”) an existing loan involved a trip to the bank. Fortunately, the rise of online mortgage lenders has made the process much simpler. There are now more products available, and more opportunities to find products you qualify for. Here are the top three ways using online lenders makes it easier to refinance your mortgage.

The last thing homeowners want is to spend more on their homes. When researching cash-out refinance rates, it’s important to determine whether the refi will actually cost more than other kinds of refinancing. There are many factors to consider when answering this question. Here are some things to keep in mind:

When homeowners consider refinancing — and those with high interest rates definitely should while rates are at some of the lowest levels in recent years — closing costs often come to mind as a negative factor. But what if there was a way to refinance without paying refinancing costs? Some mortgages do not require spending thousands of dollars upfront in closing costs. These so-called “no cost” mortgages could offer the best solution for those considering a refinance who don’t have the savings to immediately pay high fees associated with new loans.

Refinancing may seem at first like a daunting process, but it doesn’t have to be if you approach it in an organized and methodical manner. Before you start sifting through mountains of paperwork and trying to compare mortgages, consider these top four things to do when you’re ready to refinance.

When you refinance, you compare mortgages, study terms, and make important financial decisions that often lead to additional charges. It’s not something to undertake lightly, and you should only do it when the time is right for you. Here are some of the best and worst times to refinance.

Buying a home is perhaps the biggest purchase you will make in your life. For most people, this is only possible by obtaining a loan. Securing a low interest rate is crucial to determining how much you’ll have to pay back. If your lender doesn’t offer the lowest advertised rate for your mortgage or refinance, there’s a reason why. Check out the top factors that impact your mortgage and refi rates.

Mortgage rates (often referred to as refinance rates or refi rates while refinancing) represent the interest applicable on a loan. Understanding exactly how mortgage rates work is useful when you’re comparing lenders and considering different finance options.

A conventional loan — also known as a conventional mortgage — is a type of home buyer’s loan that is not backed by the government, and instead comes from a private lender. If you’re new to loans and mortgages, here’s a primer that goes over the basics.

Are you struggling to make monthly payments on a personal loan? Or have interest rates dropped since you obtained a personal loan? It might be time to refinance with a new loan to pay off the original loan. Refinances can be through the same lender or through a different lender. Learn more about the advantages and disadvantages to determine if refinancing is right for you.

With interest rates at near-historic lows, many homeowners are starting to look at the different refinance rates to see if they are able to save money. If you can save money on interest, you will be paying less each month. Plus, if you have other debt, you can consider a cash-out refi that will alleviate other high-interest debt. This will save you even more. Wondering how to get the best refi rates?