Get Prepared for a Home Refinance Loan
Know what you are getting into before beginning the refinance process.
There are a few simple things you should do to be sure you’re completely prepared.
Follow these guidelines to avoid pitfalls that can cost you time and money.
1. Make sure the time is right
Do some basic personal accounting to figure out if now is the right time to refinance.
Find out your financial state
2. Get the scores that lenders use to evaluate you
Take the time to understand what your FICO® scores are, and
more importantly how they influence your loan offers –
get your scores scores now.
See how a good score saves you money
3. Organize your paperwork
Don’t create unnecessary delays during refinancing because your paperwork
isn’t in order.
See a list of documents you’ll need