How can I save money on my mortgage loan? How do I know when is the best time to refinance my mortgage? How do I choose the right lender for refinancing? What documents do I need to prepare to refinance my loan? In this video, we'll break down detailed step-by-step instructions on how to refinance your mortgage loan to save money and shorten your loan term. We will discuss the most important factors in refinancing: controlling your credit rating, monitoring market interest rates, calculating potential savings, preparing financial documents, choosing the right lender, filling out a loan application and discussing options with a financial professional. #ellagurfinkel #mortgageloan #refinance Let's break down all these details in this video, stay tuned! 0:00 - Introduction 0:30 - Common misconceptions about refinancing 1:01 - Why refinancing is important in today's environment 1:55 - Seven steps to a successful refinance 2:00 - Step 1: Find out your credit score 3:24 - Step 2: Keep an eye on market interest rates 4:58 - Step 3: Determine your estimated savings 5:30 - Step 4: Gather all financial documents 6:07 - Step 5: Select a lender 7:03 - Step 6: Apply for a loan 7:34 - Step 7: Discuss your options with your loan officer 7:59 - Conclusion I'm Ella Gurfinkel, a Senior Loan Officer at Fairway IMC, and since Valentine’s Day 1996, I've been helping clients to achieve the cornerstone of the American dream - Homeownership. I take the time to find solutions for the most complex situations, even if it consists of 1,000 pieces. Stay up-to-date on the latest news! Like, share, and subscribe to my videos. I am here if your home loan questions need answering. Website: https://www.fairwayindependentmc.com/lo/ella-gurfinkel-188161?nmls=188161 Facebook: https://www.facebook.com/TeamEllaPortland Instagram: https://www.instagram.com/TeamElla_Fairway LinkedIn: https://www.linkedin.com/in/ella-gurfinkel/ This Channel has been created to make your home purchase (or refinance) easier and simpler. To help you avoid making mistakes in this sometimes crazy process and to simply answer the questions you may be too afraid to ask! Ella Gurfinkel | Senior Loan Officer | NMLS 188161 503-358-7769 | ella.gurfinkel@fairwaymc.com | www.teamellaportland.com FIMC NMLS 2289 | 6650 SW Redwood Ln Suite 215, Portland, OR 97224 This video link: https://youtu.be/I5hwS3yfATk