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1. Make absolutely sure that you are getting lowest mortgage rate possible for your qualifications. With mortgage rates slowly on rise, you want to make sure that you are not getting a mortgage loan any higher than you can qualify for. If you go direct through lender and not use a broker middleman, sometimes that can help you get a lower interest rate.
2. Find out what your closing costs are going to be. You may be going back and forth with different lenders to get lowest interest rate and then get dinged at closing table with massive closing costs. Ask each lender that makes you an offer to give you an estimate on what closing costs are going to be and compare lenders.
3. Make sure terms of financing are what you want. If you want to have a variable interest rate, then get one. If you are more comfortable with a 5 year fixed rate, then make sure that you donít get talked into settling for something less. You canít refinance as often as you want, so you want to make sure you do it right, because once your done, you are locked in.
Take advantage of internet and apply to many different mortgage companies that will provide you multiple offers. Do this to make sure you can compare offers from many different companies instead of taking a chance of getting what you don't want.
To see a list of recommended mortgage refinance loan companies online, visit this page: http://www.abcloanguide.com/refinance.shtml - Carrie Reeder is the owner of ABC Loan Guide, an informational website with articles and more about various types of loans.