How & Why to Time the Closing of Your Refinance

Believe it or not, when (in the calendar year) you close on your refinance has an immense impact on money. Close at the wrong time and you could end up bringing more to closing than you expected. Close when you really shouldn’t and you might have to halt the closing when you were almost done and increase the loan amount. Close at the wrong time and the loan could die because you weren’t able to qualify for more and you didn’t have the cash required. It happens at other brokerages all the time.

Most people think you refinance when rates are good and when you’re not so busy. But which part of the year to close in is just as important.

See below for mortgage credits earned with this purchase.