Seattle, Washington (PRWEB) June 17, 2013
RateState has published another of its helpful tips articles, this time explaining the ins and outs of mortgage refinance shopping. They hope that through education, people will be able to see the better deals available to them. Their latest article goes into detail specifically on how to get a better deal on mortgage refinances.
One of the suggestions in the article concerns proper knowledge and management of credit score. Rate State says, “If you have a score of 740 or higher, then you will not have a problem getting a great quote. You can repair your credit by checking your credit report. You are able to get a copy of your credit report once annually. Make sure that all of the information that is on your credit report is correct. If everything is correct, work on correcting the bad items (such as unpaid bills) for a better score.”
One of the best ways to get a good deal on mortgage refinances, according to Rate State, is to shop around. One could go to (or call) different lenders one by one, but they suggest using an online tool. The information for a borrower is taken once and then submitted automatically to many lenders within the area. Rate State can facilitate such a quote search on their website, allowing users to compare lenders without having to talk to each individually. Their tool is quick and easy to use, greatly diminishing the effort needed to find the best deal.
About Rate State:
Rate State is the provider of a unique online tool that gives consumers the ability to compare mortgage rates. They act as a helping hand between the customer and lender, allowing for an easy and more controlled process for those looking to buy or refinance a home.