Mortgage refinancing, things to consider
That is to say, answer any questions the underwriter asks ("conditions") in order to make a decision about your loan. You may need to obtain information from your employer or bank, explain why you missed bill payments or why you have gaps in your employment history, finish paying accounts that have gone into collection, or straighten out tax liens or other problems with your current home mortgage. This part of the process takes the longest because the third parties who must supply much of the information, such as your bank or your employer, are not invested in your home mortgage and are unlikely to take pains to speed up the process for you. * Meet with your mortgage agent to close the deal. The mortgage agent will present you with the finalized copy of your home mortgage.