With rates that come around once in a generation, everyone is in a rush to try to refinance their mortgage. However, with government regulations burying home owners and mortgage originators with mountains of disclosures, the process can seem daunting. However, here are some tips for you to be ready to make your next refinance as painless as possible.
1. Have All of Your Documentation Ready….Yes All That Documentation.
File your taxes, get your w2’s, checkstubs and have bank statements ready. Also in some cases, bankruptcy papers, divorce decrees.Continue reading