What are some things that I should look for in loan consolidation or refinancing?
The three most important things that you should look for are SAVINGS, INTEREST RATE, and PAYMENT. If you feel justified in consolidating or refinancing and these three things help you, then you could make a logical decision. You might also look at costs involved in the loan. If you can recoup the costs associated with originating a new loan within a reasonable time (compared to the time that you will be spending in the home), then this might be feasible.
