Part of the refinance process is to get your home appraised. This process usually comes during the mortgage application process. The lender that best serves your needs and budget will request a full appraisal. Sometimes it could be as simple as a driveby appraisal in which the appraisers will drive by your home and take pictures. They could also take a look at comparable homes in your area to identify best what the current market value of your home could be.

It’s always a great idea to keep a pulse check on your credit score because it could impact the mortgage application process as well as the rates we can shop for you. Visit the Equifax website and get started on getting your credit report.

The debt-to-income ratio is a measure of how much you owe versus what’s left over after your monthly expenses are paid. Don’t worry; our team of mortgage professionals will calculate this for you once your share all of the required income documents.

The most important thing to consider when refinancing is your goals. If you want the lowest possible interest rate and/or longest repayment period, then make sure that’s what you're looking for in a mortgage product! But our team of mortgage strategists is here to help you navigate and provide you with our best recommendations.

If you haven’t checked already, visit our Mortgage Affordability Calculator to see how much you can afford in today’s market!

The first thing you should do is give our team a call, or fill out our full application here. Once you provide all required documents and our team reviews your application, it could take 24-48 hours for us to get back to you with an approval. Yup, it’s that quick!