Search results for “Refinance”
Can a Cash-Out Refinance Help with Major Expenses?
A cash-out refinance is a method for you to tap into your home equity. You’ll refinance your existing mortgage into a new one for a larger amount and pocket the difference, minus closing costs. But, r...
The 5 Most Important Reasons to Refinance Your Mortgage Loan
While each homeowner has their own reasons for refinancing, the ultimate goal is to keep money in your pocket. So, if you find yourself weighing your options, here are five key reasons to refinance yo...
1. Reduce Your Interest Rate When rates drop, you could reduce your monthly mortgage payment. For example, on a $200,000 mortgage with an original interest rate of 5.5%, refinancing to a 30-year fixed...
Mortgage Rates On the Rise Read This Before You Refinance
What is a Good Mortgage Rate? The answer to that question can vary depending upon everything from your personal financial situation to current housing market conditions. Of course, the adage, “the low...
7 Misconceptions About a Mortgage Refinance
1. Waiting for rates to drop Waiting for mortgage rates to drop can be a gamble, because there’s no guarantee rates will go lower. Refinancing is a smart choice when it makes sense for you, your situa...
VA Refinance and VA Cash-Out Refinance: A Guide
VA loans are home loans designed with freedom in mind. As a military homebuyer, you have mortgage options with special benefits that you can leverage to achieve your homeownership dreams and financial...
A Guide to More Money: Mortgage Edition (Refinance, Cash-Out)
Quiz time! As you read the summary notes for Refinances and Cash-Outs, there’s a common theme that ties them all together – see if you can find it. Refinance Looking at your current mortgage arrangeme...
Home Equity Financing: The Definitive Guide
Newrez Home Equity Loan2 vs Cash-Out Refinance3: What’s the difference? With Newrez Home Equity Loan you can tap into the equity in your home without giving up your current mortgage. You can keep yo...
