Refinancing? At the end of the next two minutes you will feel confident using my three insider secrets to getting low mortgage payments.

You will understand the importance of being able to describe in one brief sentence the purpose of your refinance. You will feel confident knowing you are prepared with the proper details before contacting a lender. You will know to ask questions in order to find the lender that best fits you.

My name is Kate Ford. I am retired now but I have been in mortgage lending for more than 20 years. You could call me a mortgage insider. Over the years I have studied the mortgage business as well as my own clients to learn the often obvious as well as the not so obvious secrets to home loan financing.

When it comes to getting the lowest interest rates and best mortgage payments, you may feel uneasy with mortgage terms and unfamiliar with the refinance process if you are like most people. I can't blame you. There is no school to teach you how to refinance a home. I wish there was.

You have the power to control the future of your mortgage.

Look! Here are three money saving tips to refinancing your home for the lowest interest rates. These secrets may seem like common sense to you but the best kept secrets are the ones often hidden in plain sight.

Here is secret number one. Know what you want before you ever begin your search.

Seems logical, doesn't it? The most common request I received was for the best interest rate. However, they couldn't explain the reason for their refinance or perhaps felt it was unnecessary.

But listen. We all want our best mortgage rates. That is a given. In order to get the best interest rate, a lender needs to know your purpose to refinance.

So focus on why you want to refinance. Help yourself and your lender by determining what you want before you get online or pick up the phone.

Ask yourself a critical question. If I were to tell someone in one sentence why I am refinancing, what would it be? Are you refinancing to pay off a car loan? To remodel? To reduce payments? To pay off a 2nd mortgage? The better you know your primary purpose the better results you are likely to see.

Secret number two is next. Take a couple of minutes to prepare before shopping for a mortgage lender, whether on line or by phone. Mortgage lenders are going to ask questions about your income, employment, expenses, and type of property you are financing. You will feel more confident and less frustrated if you don't have to go searching for answers while online or on the phone. This will save time, save energy, and especially save money on your refinance.

Secret number three is more hidden but I have the key. You may have to change the way you think though. Qualify your lender before your lender qualifies you.

What? Yes, you really did hear me. Before getting qualified for a home loan, you want to qualify your lender.

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