If you need refinancing options on a home or other real estate you've come to the right place. Choosing a refinance product that matches your goals and making sure you get the best rate are two things that are a MUST.
Refinancing a mortgage to reduce your interest rate and monthly payment (or change the length / term of your mortgage) is known as a "Rate-Term Refi". It's common for people to do this when interest rates have dropped, they've built better credit, or they're getting close to retirement.
However, many people like to refinance and take cash out from their home’s equity. This enables them to use the cash to do home improvements, payoff debts, purchase a vacation home or investment property, or even take a much needed vacation.
We’re here to make the home refinance process a whole lot easier by helping to show you the difference between loan programs. We will also explain which ones may be more beneficial to accomplish the things you want to.
By being better informed, you'll have the knowledge and understanding to choose the one that's right for you.