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1. How To Start Mortgage
Refinancing Process?

2. Home Refinancing
• Home refinancing is one of the
considerable techniques to
lower your mortgage interest
rate.
• Although, if you have never
gone through homes refinance
option, there is a lot to know
about them.

3. Refinancing Process
• Before you enter into the
refinance loan option, don’t
forget to read the home
refinance guidelines, articles and
other available additional
resources.
• Here are some ideas to start
mortgage refinancing process

4. 1. Know About Mortgage Refinancing
• Usually, mortgage
refinancing is similar
to the process of
getting a fresh
mortgage, with a few
differences.

5. 2. Know Refinancing is Right or Wrong
• Today, there are
enormous tools
available in the
marketplace like
mortgage
calculators to know
whether the
mortgage
refinancing will help
you to save money
or not?

6. 3. Know Your Credit Score or Report

7. Know Your Credit Score or Report
• It is important to know your
credit score before you qualify
for a mortgage refinancing.
• Usually, your credit score
should need to be 720 or above
to get best interest rate;
however 680 to 700 will help
you to get the best interest rate.

8. 4. Research for Best Lenders, Rates and
Fees
• Before contacting
any lenders, it is
important to do
research on fees
and interest rate for
the home loan
you’re interested in.

9. 5. Contact Other Lenders

10. Contact Other Lenders
• If you have realized that your
current lender can’t offer a best
interest rate, contact other
lenders with good refinancing
options.
• Remember, your goal is to get
the best interest rates with
lower fees and closing costs.

11. 6. Refinance

12. Refinance
• Refinancing your loan for a lower interest rate
can save huge money over the entire term of the
loan.
• Keep in mind, a mortgage refinance loan can
also help to obtain huge money for home
maintenance process or for paying your
excess debts. It’s not permanent recovery, but
saving huge money is worth the battle.

13. Thank You
• For Details
• Please Visit
• http://www.braxhomes.com