How do I refinance my home loan? what do I need? Anything to do with my credit score or my debt?

Yes, refinancing a home loan has everything to do with your credit score and your debt. You can apply for refinancing loans through the Internet or your bank, or better yet the lender you have now. Maybe you want to check out your credit score first. The better your credit score the better your interest rate. If you have made ALL your payments on time with no hassles, your current mortgage company is the one I would check with first. You may want to check on 15 year mortgages. The payment isn't much higher, especially if you get a good interest rate and your paying off your mortgage twice as fast. You also have more equity in your home in a shorter amount of time.

go see a mortgage broker.

also, order yourself a credit report to see what your credit score is. 720 (or above) is the best, and will ensure you get the best rate.

in the meantime, pay off as much debt as you can.

Yes! Try using one of these companies to help improve your credit score. You have to pay, but if you are having trouble it's well worth the money in interest savings. You get what you pay for in the end so don't skimp on it. Good luck!

http://www.kqzyfj.com/click-1886335-10391597

http://www.tkqlhce.com/click-1886335-10437990

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your % rate on your loan is determined by your credit score. there are three credit burrows that they look at and they take the mid score usually. Also your DTI (debt to income) will also take a factor in it. most lenders like you to be under 50% not including your mortgage payment, just other ones like car, credit, ext... If you would like to feel free to give my husband a call or shot him an email. His name is Paul. he is a mortgage broker and would answer any questions you may have.

360-241-8970 Paul

financialevolution@comcast.net

It has a lot to do with your credit and debt but if you credit is really good, you debt doesn't matter so much. The property is the thing looked at the hardest right now because of inflated appraisals effecting the foreclosure rate. Contact who you have your current mortgage or a mortgage bank not a broker. I work for HomeLoan USA in the corporate office and we have branches in 40 states so you look for one of branches. I don't profit from this, I am only suggesting because at the corporate level we make sure our branches don't overcharge the customers because we have a predatory lending policy. Anyway, good luck :-)