Home Equity Loan

5 Mistakes I made when refinancing my home





Here is my refinance spreadsheet/calculator: – The document is view only. Make sure you go to “File” and “Make a copy” or “Download”
Refinancing a home is never fun; especially when you have no idea what you are doing. This video shows five lessons I learned when refinancing my mortgage.

Questions to ask your loan officer:
– How much will I pay in fees?
– How much money will this refinance save me?
– When is my break even point?
– What can I do to pay less is fees

(Note, you should find the answers to all these questions yourself; the purpose of asking these questions is to see what your loan officer answers; this will help you know if your loan officer is looking out for your best interest or just out to make a buck. A good loan officer will ask you many followup questions to get as many specifics as possible)

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2 comments

  1. These are all good points. making informed decision will save you a lot of money. 😊

    Reply
  2. Thank you! Informative! 🤗

    Reply

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