Be Prepared
Gather important documents ahead of time. Meet with a loan officer and review what type of refinance will help you achieve your goals.

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Keep up with Your Credit Score
A refinance is a new mortgage origination. Be proactive about maintaining a good credit score, be responsible about paying down debt, and avoid opening new lines of credit.

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Use Rising Home Prices to Your Advantage
In most cases, your home's value has appreciated since you purchased it.

Consider Paying More
The terms of your loan will influence how much interest you pay over time. A shorter loan term will cost less in mortgage interest over time, but you’ll have a higher monthly payment. Depending on your budget, the higher monthly payment may be worth the lower interest rate.