The process of acquiring a home.

The repayment of a mortgage with another mortgage.  Homeowners typically refinance to take advantage of lower interest rates or to transform equity into cash.

The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.  Or by drawing equity out of the property in order to receive cash out of the transaction

A property which is used for rental purposes or bought to renovate and re-sale to gain a profit is considered investment property.  Second or Vacation Home is used for personal use only and not as rental property.

A loan program which is used to do physical improvements to a property either for cosmetic purposes, additions or repairs that may be needed.

The purchase of home when you finance the entire amount of the purchase and are not required to put any money down.  (Some closing cost may apply)