When it comes to refinancing a mortgage there are a lot of things to think about as well as documentation to organize for you lender and then sign. Most often everyone is in a rush – the lender to process the loan and you to just get the process over and done so you can start enjoying a better interest rate or have access to equity if you are doing a cash-out. However, in the flurry of activity, you will want to be careful not to make this one big mistake that’s easy to do and could create a headache for you or your family and cost thousands of dollars to fix. Watch this short video to learn more.
