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.
I have worked with Shelby Weston for several years. Shelby always responds to me as well as my customers. When I need a preapproval I know I can count on him to make it happen same with our closings. When I have a Buyer that needs a lender I feel confident that if Shelby says we can get this done I take it off my plate and know he will see it through. I appreciate his knowledge of the ever changing Real Estate market and know my clients are in good hands.
She’s awesome!!! Great customer service, very thorough, great feedback, prompt with responses, always there whenever you have a question, very knowledgeable and professional.
Jonathan helped me refinance one of my homes. Being self-employed makes borrowing a little tricky sometimes but he was able to help me get all of the documentation, etc. together and get it done!
Chris was great, stayed in contact with me throughout the process, answered all questions and explained different options for tailoring the loan to fit my needs.
Great team who goes above and beyond to make it happen!
Sheryl and her crew are awesome! I have never had such an easy process of obtaining a mortgage. I did a sell and a buy at the same time. Sheryl was constantly communicating with our realtor, Karen Martineau, and always giving us updates on the process. The internal processes at InterLinc are also top-notch. They communicate with you, your closing agents and your insurance provider to smooth out the process. We only had 28 days to close and we closed on both properties on the same day! Sheryl Douglas (for your loan) and Karen Martineau (your realtor) are the one-two punch anyone needs to get a deal done!!
Scott Senner helped us to buy our house and acreage 3+ years ago. We had not sold our previous house yet, and ended up renting it out for over a year. Scott was extremely knowledgeable, helping us to negotiate the complexities of our situation. He was always honest and upfront about what we could and couldn't do. His kindness and responsiveness were always impressive and Scott has continued to be our "go to" person when it comes to our mortgage, refinancing, or referrals to other banking professionals. Scott has a customer for life with us!
One of the absolute best experiences of buying a house ever. When another company said it wasn’t possible, Jackie and her team went above and beyond to make sure we got our home!! Deal with her made it an enjoyable experience. I would like to thank Jackie for making this happen!!
Everything went very smoothly. Everything went very efficiently. David demonstrated from the very beginning that he was glad to have me as a customer and made me feel as if i was his only customer.
Thank you so much and thank you to everyone that made this possible for me!