During the COVID-19 crisis, refinancing your home is generally done under the same guidelines as before.
Have you been let go or furloughed from your job due to COVID-19?
If so you may have a difficult time refinancing your home. Generally, investors that purchase home loans want to see that their applicants are employed and meet a certain set of criteria before they fund a loan.
Are you still employed?
If so, you may be able to enjoy some of the lowest rates in mortgage history. Up to June 24, 2020 we have seen historical lows for the mortgage market. If you have not yet refinanced your home, it may be a good time to consider doing so.