My interest rate is 6.63% but FICO is 698 due to debt. Should I pay down my debt before I refinance?

No need, we can do a cash out loan and pay the dent off, or if your income is enough to handle it, we can sometime go up to 50% of your gross income on total debts, depending on your FICO score. Let me know, is this in California>?

Not necessary.. I have many programs which will allow you to refinance and get some really good rates,, much better than 6.63.. and if you go 20 or 15 years, it could be even lower.. even if you choose to do a cash out refinance, your rate will still be marginally lower.. If you would like. give me a call and i'd be happy to look at your complete loan profile.. it takes 10 minutes.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

I concur that you very well could improve quite a lot on your current rate, even with a 698 mid fico score. I would be happy to be one of your qualifiers for you to compare rate/costs with. I do many refinance and purchase loans throughout theSacramento region and rate and pricing are is good as they have been in many months. You can reach me via my profile and I look forward to putting together the numbers for you. I will also be glad to show you any difference that might come about by getting your credit score up to aid you in your comparison.