Review Your Current Financial Situation

• Check your credit score and correct any errors.
• Look at your current income and debt.
• Make sure you feel comfortable with potential closing costs. 
• You can use our Mortgage Calculator to get a closing cost estimate.

Compare Loans and Find the Best One for You

Whether you decide to go with a fixed rate or adjustable rate loan depends on a number of factors.

Things to consider include:

• How long you will be in the home
• The current and historic housing market in your area
• The current type of loan you have
• Your goals in refinancing (lowering your monthly payment, paying your loan off sooner, etc.)

Gather Your Paperwork and That of Any Co-Signers

• List of employers
• Pay stubs
• W-2 statements and tax returns
• Bank account information
• Most recent mortgage statement
• List of all property owned
• See our Refinance Documentation Checklist for more detail