A cash-out refinance is a refinancing of an existing mortgage loan, where the new mortgage loan is for a larger amount than the existing, and the borrower receives the difference between the two loans in cash. Basically, homeowners do cash-out refinances so they can turn some of the equity they’ve built up in their home into cash giving them more flexibility to:
Finance educational expenses
Make large purchases
Make home improvements
Take a dream vacation
Get money for life’s unexpected setbacks
Pay off high interest credit card debt
And much more!
*Other Restrictions and State Guidelines may apply.
Everyone we came in contact with was great. They answered all questions and concerns that we had. We would recommend to anyone buying or selling.
P Schonburg
2024-04-21
Fast and efficient throughout the process.
J Maguino Zegarra
2024-04-18
Everyone was wonderful. made our experience so easy
K Schonburg
2024-04-18
Paul and his team made the whole process as straight forward and stress free as possible. Would recommend Paul and his team to any first time home buyers.
B Allgeier
2024-04-16
I felt very cared-for during the entire loan process. All of the electronic tools were convenient, and the entire team was extremely responsive to all of my questions and making sure I had everything in place. Thanks!
K Mallory
2024-04-08
Pleasant transaction overall.
Z Aubrey
2024-04-03
Excellent service, knowledgeable team and seamless process. These guys are great!
J Cerasari Jr
2024-04-02
Very easy to work with and fast. Answered any questions and made the process very clear and easy for me being a first time home buyer