Where do i go online to get some info on refinancing?

I personally wouldn't be looking to much into banks, I myself have just started to work as an affiliate with an australian mortgage broker. All the info I have points at banks to having higher rates than individual brokers. Rates are constantly climbing, disregarding the drop we had just before the recession, but look for companies that have been around a while and possibly ones that DO charge annually. The company I work for Charges annually for the account, but the rates are marginally lower than any other lender on the market, which calculates that you can save THOUSANDS per year. lendingcentral.com is a good place to look into this all, they have info on pretty much everything to do with lending money worldwide. Hope this helps!

First I owuld check at local banks and ones in your area. ALso you might want to go to the Batter Business bureau and check out any site you have in mind. From what I have seen the interest rate is around 4.85% in some places so it would save you lots of money to refinance. Also you might consider getting an amoritization chart. That breaks down the payments as to what goes towards the prinipal and what is applied to the interet each month. Anytime you can make an extra principal payment along with your regular monthly house payment, it will REALLY build up paying it off much sooner. Too it makes you feel good just to see how much in interest you saved that month. Once you refinance, the principal will be less and the interest is high at the beginning of the loan so that is really when you save the most money. As you pay along, the principal gets more and the interest less. I did this and it saved several years of interest!! Too sometimes when you refinance if you can do it in less years, but keep your payments about what they are currently you can shorten the mortgage that way! Good luck to you!

You will likely find similar rates from many places, unless one of them is adding on some excessive charges for closing costs. My company deals with various lenders, so we can find the most appropriate one for you. More importantly, you will get personalized service from one Loan Specialist...not having to deal with long periods of being on hold, different rep each time, and/or being transferred to a different department who isn't familiar with your file. We've been saving people 100's per month with the current rates. Feel free to send me a note w/your # and I'll get back to you soon. reversemns@gmail.com Michael M.