Your home is your biggest asset. Memories have been made there, investments have been undertaken, and time and energy have been put into making it what it is today.

With refinancing applications on the rise, the amount of closing time lenders are requesting from borrowers has extended beyond the commonplace 30-day period, sometimes to 45 or even 60 days. Staying on top of your refinancing paperwork is more important than ever.

So you’re thinking about refinancing your home mortgage – but before you start the application process ask yourself, are you ready?

Save yourself the regret of buying too early with these basic steps.