Mortgage recasting: What it is and how it works
You pay a lump sum now to cut future monthly payments. But there are drawbacks.
5 min read
Jan 09, 2025
Sarah Sharkey
Contributor, Personal Finance
Sarah Sharkey is a personal finance writer who enjoys helping people make smart financial decisions. She lives in Florida with her husband and dog. When she's not writing, she's outside exploring the coast.
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Sarah's latest articles
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Wraparound mortgage: What it is and how it can help buyers and sellers
The home seller becomes your lender In this obscure financing option.
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Best bank accounts for kids
A savings account can be a great tool to teach your child about money. Here are a few of our favorites.
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Mortgage bankers: Who they are and what they do in home lending
Here, we explore what mortgage bankers do in the process of getting a home loan.
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How to open a certificate of deposit (CD)
Everything you need to know about opening an account.
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How to get financial assistance after a natural disaster strikes
Whether a wildfire, hurricane or other type of disaster has affected you, the process of rebuilding will take time.
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