Refinancing a home is something many often consider, but it is essential to understand some basic information about the process before you proceed. Most people refinance their home to lower their rate, switch from an adjustable rate mortgage to a fixed mortgage, or to pull out money for important ancillary reasons.

Working with both a Realtor as well as a mortgage professional is critical when making the decision to refinance. Why a Realtor? Because an objective third-party, such as a Realtor, will give you a professional opinion regarding your particular situation, property value, and what to look out for when it comes to the closing costs you will pay to refinance.

DON'T EVER BELIEVE THAT A "NO COST RE-FI" IS FREE!

You may not be required to pay anything out of your bank account (a.k.a. - your pocket) to refinance, but mortgage companies don't do loans for FREE. Simply put, the cost of your "re-fi" is added to your loan balance. I know; I've done it.

As a smart consumer, ask your loan officer for a Good Faith Estimate AND a Truth In Lending Statement. This will disclose the details of your loan...the stuff you absolutely need to know!

Many other questions will arise when it comes to refinancing, so I have provided you with a simple form to help you receive answers to your questions. Please fill out the short form below with any questions you may have regarding real estate refinancing, home buying, or related mortgage needs, and myself or one of my trusted mortgage professional will contact you.