Lower Your Monthly Payments
Mortgage rates are low right now. Not at all-time lows, but they are still much lower than the interest rates for most credit cards or personal loans. If you have high interest rates on your credit cards or personal loans, now might be a great time to use some of the equity you have built up in your house and eliminate those money-wasting monthly bills.
Here’s what you need to know.
A cash-out refinance is a type of refinance that allows you to refinance your current mortgage and get cash back at the closing. If you take cash out, you can get a new mortgage for up to 80% of the value of your house, and you can use the money for anything you would like: paying off high-interest debt, making home improvements, getting the down payment for a second home or investment property – anything at all.
We have provided cash-out refinance loans to many people, and some of them have reduced their overall monthly bills by a thousand dollars or more.
Put yourself into a good financial situation by using the equity in your house to your benefit. Contact us today to see how easy it is to get a great mortgage.