Lower
your monthly mortgage
rate and payment
Refinancing your current
mortgage allows you the
opportunity to lower your
current interest rate
sometimes by as much as
3-4%! On a $250,000 loan
amount that is over $600
a month that you could
be saving. Just think
what you could do with
an extra couple hundred
dollars in your back pocket
every month.
Cash out refinance
means cash for you
A cash out refinance loan
allows you to use the
equity in your home and
turn it into cash for
you. Sometimes referred
to as a Debt Consolidation
Loan you can really use
the money for any purpose.
A cash out refinance,
in most cases, is your
best option for a home
improvement loan, consolidating
high interest debt, and
a much better alternative
to a high rate second
mortgage loan. Because
a refinance allows you
to take out up to 80%
of your homes value, and
because it is still considered
a first mortgage, you
are eligible for the low
refinance rates currently
not available with other
“secondary”
loans. It is even possible
with today’s rates
to pull cash out and pay
less on your mortgage
every month than you are
paying right now!
Take a vacation, buy a
car, send a kid to college…
While you have seen that
you can lower your monthly
payments, consolidate
debt, make home improvements,
and take cash out did
you also know that you
can spend it all on yourself?
Take the vacation of a
lifetime, buy that new
sports car you are looking
at (and pay less interest
on it by using your low
interest home equity),
and even put your child
through college are just
some more of the many
ways that you too can
use a refinance loan.
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