Found 10 results for 'Refinance'.
Is a Cash-Out Refinance Right for You?

Looking to fund home improvements, consolidate debt, or cover other expenditures? Then a cash-out refinance may be right for you. With this type of mortgage loan, you get to access some of the equity...

How Your Mortgage Rate is Calculated (and What You Can Do About It)

Why Mortgage Rates Matter If you’re like most homebuyers, there are three mortgage factors that probably concern you most: the closing costs, the monthly payment, and the rate. The lower your mortga...

10 Frequently Asked Cash-Out Refinance Questions Answered

If you’re looking to refinance your home you have probably come across the term “cash-out refinance.” But what is it? In the simplest terms, cash-out refinance allows the borrower to access a portion ...

Rushing to refinance: Why more consumers are looking to refinance in an uncertain market

We don’t yet know the full extent of the impact this pandemic will have on the housing market. However, according to a recent study conducted by Cultural Outreach, 73.8% of millennial homebuyers are m...

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...

6 Reasons to Refinance Now

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...

Understanding the FHA Refinance: Guidelines and Options

The FHA also offers great refinancing options, whether you’re an existing FHA borrower or not. If you’re thinking about a refi, an FHA refinance might be right for you. Check out these FHA refinance o...

7 Misconceptions About a Mortgage Refinance

              Waiting for rates to dropWaiting 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 ...

The 5 Benefits of a Cash-Out Home Refinance

If you’ve built up enough equity in your home, it may be a good idea to go through with a cash-out home refinance. Here are 5 reasons why you might want to. You can use the cash you get for major ...