Continue to follow this strategy until credit card with highest interest rate is completely paid off. In a similar manner, work on paying off your second credit card but remember to make minimum payments on remaining cards.

Besides above golden strategy, you can call your credit card companies to request for a lower interest rate. Due to stiff competition, many of credit card companies will readily agree. Lower interest rates mean you can pay off your debt much faster.

In some cases, credit card companies will not be willing to reduce your interest rate. This might be a good time to hop on internet and do some research on credit cards and get a new low interest card. Many companies will allow you an introductory rate for your new credit card.

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Now take out your most recent paycheck stubs to do a debt-to-income calculation. The calculation is done by taking total debts from above and dividing this number by your gross monthly income. The ratio should be less than 38%. If your ratio is too high, then you need to do your best to start paying down your debts. The quickest way to do this is to follow debt plan that is available at http://www.trimyourdebt.com/welcome_budget_short.aspx.

The final item that you will need to provide to your lender is documentation that shows your assets such as bank account statements, 401(k) statements, any cash value of life insurance, etc. Your lender wants to see where your down payment will be coming from.

You are now ready to check for best rates and start looking for a lender. To get free rate quotes with no obligation and no credit check, feel free to visit us at http://www.trimyourdebt.com/MortgagePlanner.aspx.