With interest rates near a historic all time low, we can help you access your home’s equity and turn it
into cash for you and your family. If your family has immediate financial needs, a cash-out refinance
may be the perfect option for you.
How does a Cash-Out Refinance Work?
A Cash-Out Refinance will pay off your current mortgage, giving you a new mortgage with different terms.
For example, the interest rate on your new loan will change and you may have a shorter or longer amount of
time to pay off the loan. You will receive a lump-sum when the refinancing is closed so you can pay off your
current mortgage and closing costs, leaving any extra funds for you to spend however you want.
What Can I Do With My Cash-Out Refinance?
- ● Renovate your home to increase its value
- ● Save for your children’s education
- ● Take a dream vacation
- ● Pay off credit card debt
- ● Enjoy a stable interest rate alternative to a home equity line of credit