• Refinance

    For those with a current mortgage who are looking to payoff their loan faster or reduce their monthly payment/rate.

    One of the best reasons to refinance is to lower the interest rate on your existing loan.

    Reducing your interest rate not only helps you save money, but it increases the rate at which you build equity in your home.

    If you are ready to refinance or have any questions, call us today!

  • Cash-Out Refinance

    Can help consolidate debt or use the cash for other reasons.

    You’ve built equity into your home, and maybe it’s time to take some of that equity out and use it. If you currently have a mortgage and are looking to use the equity you have built, you may consider a cash-out refinance.

    A cash out refinance is when you take the difference out from the CURRENT value of the home and what you owe on your mortgage.

    Possibilities of what you can do with cash from refinance:

    • Getting out of mortgage insurance
    • Consolidate debt
    • Renovate your home
    • Purchase a second home/investment property
    • Pay for college tuition
    • Save for retirement
    • Start a business

    There are limits to cash-out refinancing options. Loan-to-value ratios required are 80% for conventional and 85% for FHA.

    Have questions? Contact us today!

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