The Benefits of a Cash-out Refinance
Refinancing allows eligible homeowners to lower their monthly mortgage payments by securing a lower interest rate,* which leads to serious savings over the life of the loan. A Cash-Out Refinance allows you to turn a portion of the equity in your home into cash and refinance to a lower rate all at once.
This extra cash can be used to:
pay off debts
supplement your income during these uncertain times
add to your nest-egg
or create an emergency fund
To learn more, contact us today.
*Interest rates are subject to change. Refinancing to a higher interest rate is generally not advised. Consult a Loan Originator to determine at what rate(s) you would begin to save money.