Say if you’ve paid on the mortgage for 8 years & refinance, does the loan start over from the beginning? I don’t know how it works

The website gives 60 month refinance rates of under 4% possible. That seems way too excellent to be right. Can anyone who recently went with Bank of America to refinance a car give a bit of insight on this?

Credit history is brilliant, no missed payments of any kind.

We’re about to refinance our home and we both have excellent credit scores. I know our credit reports will be pulled when we apply, but will our reports be pulled again before closing? The quote from our bank was for closing in 6 weeks. We were hoping to get a new car soon and may not be able to wait 6 weeks. But, I don’t want to risk doing something that might hurt my score before closing.

I have a friend who really needs a car she said if I cosign she can refinance in a few months to a year. She is barely filling bankruptcy now so I am skeptical about this even being possible