3. When evaluating different lender offers, in mortgage loan pre-approval process, pay closest attention to interest rates they are offering & closing costs. These are two biggest factors that will help you figure out which lender is right for you. If one of these two factors is too high, it could offset benefit of refinancing for you.

4. Get your interest rate and closing costs in writing as soon as you decide on a lender to work with. Get your lender to give you a commitment in advance of all of costs that will be involved with your loan. Find out if refinance loan you are getting has a pre-payment penalty as well. Sometimes lenders will leave out important information like this, if they think it might scare you away from refinancing with them.

To view a list of highly recommended refinance mortgage lenders, most of which will not pull your credit in initial application, visit this page: Recommended Refinance Mortgage Loans

3. Repeat until satisfied.

It is very important that each questionable item, except for erroneous personal data, is dealt with individually. If you attempt to have credit reporting agency correct several items at once, it will be easier for agency to claim that your request is frivolous or irrelevant. If they make this determination, then your requests to correct inaccuracies will be discarded. Make sure that you use a clear and concise statement indicating that accuracy or completeness of a specific item is "disputed" or "challenged". Remember that explanations of why an item might be derogatory will not help you, only actual disputes of specific items will get results you need. As soon as credit reporting agency provides you with an updated credit report indicating that disputed item has been removed from your report, you should send another letter challenging next most damaging item. Repeat this process, until each and every disputed item has been deleted from your credit report.

If you would like more detailed information about repairing your credit history including sample dispute letters to send to credit reporting agencies, you will find more details available at http://www.TrimYourDebt.com/CreditRepairGuide.aspx?src=art