The most frequent questions asked when refinancing your house?

Abram
is hows your credit

Bertie
Do you need cash out?How long do you want to keep the home? (This will help determine what typoe of loan to choose)How much do you owe?How much is the home worth?Had steady employment for the past 2 years?How much in liquid assets do you have?I write a blog on the subject of credit management, mortgages, real estate trends, etc. Check it out for more information that may be helpful.

Candance
Ask your loan officer how many points you will pay, if it is a fixed rate or Adjustable Rate Mortgage (ARM). ARM is iffy because how the economy is. The interest rate is fluctuates on economy. See if there is a penalty if you sell or refinance with a certain amount of time too. Also, see what kind of loan you are getting; ex:80/20, 20% down, etc.