How to Refinance an ARM Mortgage
- 1). Contact your mortgage company and request a refinance. If the your current company does not agree to a refinance, locate a different mortgage company.
- 2). Speak with the mortgage company to understand what they can do and what you may need to do.
- 3). Gather and make copies of your W-2 forms, pay stubs, tax returns, and other documents the mortgage company requests.
- 4). Submit the documentation to the mortgage company.
- 5). Ask the mortgage company how long the process will take and check back once a week to understand where they are in the process.
- 6). Work with the mortgage company to schedule a closing date appointment at the real estate attorney's office.
- 7). Read and sign the closing documents. Store them in a safe place.
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