How to Refinance

One of the most important steps in managing finances is to understand how to refinance. You can't refinance if you are unable to get approved, so understanding how to refinance is crucial for maximizing today's record low interest rates. Discuss your goals and loan eligibility with a loan officer and compare mortgage rates for refinancing. We know that that you likely take your finances very seriously. So why would you cut corners when shopping for a refinance loan online? You could lose thousands of dollars a year by agreeing to a rate that is higher than you qualify for.

To get the best mortgage refinance loan you need to follow these three simple steps.

3 Steps to Refinance

Know your credit score - You need good credit scores to qualify for low interest rates when refinancing in today’s economic settings. Lenders are less likely to take a risk on refinancing if your credit scores are low.

Calculate Debt to Income Ratio – Figure out what your DTI is by dividing your obligations by your monthly income. This is what refinance lenders will instruct their underwriting dept. to do when making a decision on extending you a loan approval or denial.

Get Your Documentation Ready - Lenders don’t like applicants to piece mail them documentation. Most mortgage companies are over whelmed so submitting a clean file in a timely manner will make a good first impression on the underwriter and it usually sets the stage for an efficient loan closing.


Fixed Rate Refinance

  • Fixed Rate Refinance
  • No Credit Refinancing
  • Cash Refinance Loans
  • Bad Credit Refinance
  • No Closing Cost Option
  • Equity Loan Refinance
Loan Type
Property Type
Property Value
Loan Amount:
Credit Rating

 

15 or 30-yr Fixed Refinance Rate Refinancing
97% FHA Refinance Loans
100% VA Refinance Rates

  • No Cost Refinance
  • Debt Relief
  • Consolidate Loans
  • No Cost to Apply