What do I need to know if I want to refinance home loan?

Make sure equity has increased, make sure your credit is still in good standing.. you'll have to provide statements and paystubs just the same as if you are getting a new home loan.. and also DO NOT go with any interest only or ARM (Adjustable Rate Mortgage) loans. Those types of loans are why so many houses are foreclosing these days. Best Wishes!

what your current rate is, what your new rate and term would be.

what are the advantages to refinancing your home now??

are you trying to get out of an Adjustable rate?

are you trying to consolidate debt?

going for a lower interest rate?

what will your new payment be and will that be an ammortizing payment- as in make sure your not getting put into a sucker loan that a lenders just recommending to you because they know they can make a lot of money on it.

need help hollar at me!

If you have a pre payment penalty is the main thing.

Banks will often time give you an appraisal for 125% of the homes actual market value on a refinance loan so be aware that your home may not be worth what the banks appraisal says it is. That high appraisal gives the bank the ability to make the loan work and it "seems" more attractive to a home owner in many instances.

If you have equity, how is your credit, what is your annual income...just to name a few

You should know the interest rate offered by the company as well as the period of time that you will be given to pay for it. This will help you compare interest rates and get a loan that would help you save more money. Source: http://www.whataboutloans.com/mortgage/mortgage-refinance-loans.html