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There are several reasons to refinance your home mortgage, the most common reason homeowners refinance their mortgage is to lower their monthly payment. Refinancing replaces your existing mortgage loan with a new mortgage, often at a new lower rate. Jobs ofitey john corporation job postingspayroll administratorjob title. Callender has the resources to provide the expertise required and at a price that can significantly slash your overhead costs of hiring and training your own staff to do the work.