Refinancing house who to consult?

Cory
My husband and I are looking to refinance our house. How do we go about doing this? Who should we consult?

Delena
First, go to your bank, and talk to your favorite banker. (If you don't have a favorite banker, you should get one.) Ask him to pull a copy of your credit report, and see what your FICO score is. (He might not tell you, but it will definitely affect what sort of deal he might be able to offer.) Second, go to any vendor of home loans; I'll recommend www.mlcc.com, which has a vast variety of different mortgage plans available. Finally, compare the terms of these with what you now have; it may be better to take a home equity loan rather than re-write the first mortgage.

Kaci
I should have added that one should take to the bank a current balance sheet and income statement. That would help determine the size of the financing that one might obtain. Report Abuse

Denyse
You should shop around and look for the person that is going to give you the best rate. My husband is a loan officer for a great mortgage company that most of the time has really low rates for people. If you would like to see what rate he can get for you feel free to email me and I can give you his contact information or you can give me your email address and I can have him contact you. If I were looking to refinance my house I would contact everybody that offered to help you to try to refinance and see which person could give you the best rate without killing you with alot of fees.

Inger
You can contact me! Email me sometime if you're interested.

Donya
Mortgage BrokerWhat state are you in? We provide prescreened referrals at no cost to you.Click on my Avatar.

Al
You should do a bit of homework and find a mortgage broker you feel comfortable with. YOu can view information about different types of refinancing options at http://www.fivestarsmortgage.com/cash-ou… Plenty of info there and also about rate & term refinances too. Best of luck on your refi!

Soledad
In California?

Aundrea
Hello, you can contact us, we are a mortgage company with great rates and we'll do our best to help you.- American Home Bancorp (714)847-1998 Ask for Sue

Calvin
Where are you located? visit www.pelicanlending.com760-521-3122chris@pelicanlending.commortgage consultantI can review all your options before you get commited with someone.remember if its to good to be true it probably is.good luck

Dede
I would answer your question with a question: What are you planning to do with your equity? Many people "blow" the money by buying toys. Others spend money fixing up the property in ways that may or may not increase the value of the property enough to recoup the investment and yet others turn their equity into a cashflow that they use to either buy down their principle or to invest in income property. In order to refinance, you of course need to speak to a lender. If you wish to make money with your equity, you'll need to speak with an experienced investing realtor. And if you're planning home improvements, I'd also speak to a real estate agent to get his/her input on which improvements are likely to give you the highest return.