Cash-Out Refinance

Take advantage of your homes equity

A cash-out refinance is a great way to take advantage of the equity you have in your home.

People most commonly use a cash-out refinance loan to:

  • Consolidate revolving or high interest debt to lower overall monthly payments
  • Home repairs or home renovations
  • Down payment to purchase and investment property or second home
  • To get cash for family needs/expenses (tuition, medical expenses, etc.)
  • To reduce the term of their mortgage, in some cases the overall monthly savings by doing a debt consolidation allows you to reduce the term of your loan while keeping the same monthly payment

Is a cash-out refinance a smart move for you? To find out, contact us today. You’ll get an honest opinion on what’s most advantageous for you.

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