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Refinancing means that you pay off one loan with the proceeds from a new loan using the same property as security. To begin the refinancing process, have the following prepared: The specific documents you will need vary depending on your location and loan program, but generally, have available: proof of income, home insurance, and title insurance; and information about your assets.
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If you get HRA as part of your salary income and pay rent for accommodation you can claim both for lowering your income tax.
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October free financial literacy workshop with Comerica Bank. Loans; Buying a home; Savings and Credit; Personal Budgets; Applying for.