Meet with an Approved Refinance Counselor

Our advisors can help you figure out if refinancing your home mortgage is the right move for you.

We can help you:

  • Compare a proposed new mortgage with your current terms
  • Decide if now is a good time to shop for a new mortgage
  • Meet counseling requirements for “special” mortgages. (see below.)
Get Started

If you have received a mortgage loan through a government or nonprofit organization, you may be required to participate in Refinance Counseling with an approved agency before you can refinance or pay off the loan. Refinance Counseling is required by Minnesota state law for homeowners who are paying off certain types of mortgages considered special mortgages.

Mortgages that fall under this requirement typically have one or more of these payment terms:

  • Payments that vary with your income
  • Payments of principal or interest are not required, or can be defined under specified conditions
  • The principal or interest is forgivable under specified conditions
  • 0% interest, or an annual interest rate of two percent or less

When you meet with one of our homeownership advisors for a Refinance Counseling appointment, you’ll discuss benefits and costs of refinancing, compare your existing mortgage to the proposed new mortgage, and explore options for refinancing without paying off the special mortgage.

Get Started

 

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NeighborWorks Home Partners

NeighborWorks Home Partners’ mission is empowering individuals and communities by helping people buy, fix and keep their homes. Learn more.

651-292-8710 | Staff Directory
Main Office:
533 Dale Street N.
Saint Paul, MN 55103

Minneapolis Office:
1930 Glenwood Avenue
Minneapolis, MN 55405
hello@nwhomepartners.org

EIN 41-1386089

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