Checklist: When Does Refinancing Make Sense? The Break-Even Test
Print this page or keep it open while you talk with lenders. These questions relate to the guides on this site.
- Who needs to be on the new loan?
- Which documents prove my current income?
- Is a refinance required, or can I keep the existing loan?
- How do support payments affect qualifying?
- Should I talk with an attorney or tax professional first?
Before any application
- Verify the lender and loan officer on NMLS Consumer Access.
- Ask for a Loan Estimate and compare it with at least one other.
- Never send documents or wire funds based only on an email request.