Refinancing Your Home in Washington DC
When refinancing your home in Washington DC you should follow these steps:
1. Get an idea of what your Washington DC home is worth. Email or call us and ask for the recent sales comparables that are similar to your home. This should give you an idea of what your home is worth so you can decide if refinancing is worth exploring.
2. Contact a lender. Contact a lender to see what they can offer you. Give them all of your info and ask them what rate they can provide for refinancing your home in Washington DC. Rates recently have been as low as 3.5% for a 30 year fixed and even lower for 15 year loans. Ask them to provide you with a Good Faith Estimate (GFE) so you know what your closing costs look like. …
