The best advice I can give is to ASK QUESTIONS – Lots of Questions and even the SAME Questions to MULTIPLE Lenders to help ensure you are getting the best refinance for your mortgage. And remember, if you are getting a smaller decrease in the interest rate from what you have now and you don’t plan to live in the house for at least 3 more years – it may NOT be worth the refinance. I am happy to provide you with contacts in the mortgage business that I have found to be trust-worthy and who have worked well with my clients – but whatever you do, talk to them IN PERSON. The internet makes our life easier in many ways, but what I hear over and over is BEWARE OF INTERNET LENDERS. Maybe Not always the case – but I’d rather anyone I know be on the safer side of the transaction by dealing with someone they can actually talk with personally. The following sites have helpful questions for you to ask…
This is a more concise list and explains the various options…
This is a longer list of questions and covers just about every aspect to refinancing mortgages…