Pronunciation /ËpÉËfÉªkt/. 1  1Having all the required or desirable elements, qualities, or characteristics; as good as it is possible to be. âlife certainly isn't perfect at the momentâ. 2  2attributive Absolute; complete (used for emphasis) âa perfect strangerâ. âall that Joseph said made perfect sense to meâ. 3  3Mathematics.
You can refinance the other person off the loan as long as you can show proof of 12 full months mortgage payments being made by you. The 12 months payments must have been made from an account that is not joint with the other borrower.
1 Mortgage refinance rates have dropped significantly. 2  You can no longer afford your mortgage payment. 3  You have a need for cash and you have equity in your home (i.e., cash out refinance). 4  You want to dramatically alter the terms of your mortgage (for example, moving from a 30 year loan to a 15 year loan).et's take a closer look at how you should make the decision to refinance your mortgage and how often you can do it. Most lenders will not accept a refinance loan application from you if you have refinanced within the last 6 months-this is a major factor in controlling the speed at which you could refinance your home.