You need cash, but you aren’t sure you want to refinance your first mortgage. Is the cash-out refinance the only way to get the cash you need?Looking for Current Mortgage Interest Rates? Click Here.Luckily, there are other ways you can get your hands on some cash. Some of the options may be Read more
What are the FHA LTV Limits for Refinance in 2021?
Every loan program has limits regarding the LTV they will allow and the FHA program is no exception. Understanding the FHA refinance LTV limits will help you understand what you can and cannot do with your FHA loan and how much you can borrow. There are several types of FHA refinances including the Read more
Alternative Loan Options to a Cash-Out Refinance
If you need cash and you have equity in your home, you may automatically turn to the cash-out refinance. Did you know that this isn’t your only option, though? There are other ways you can get the cash you need that don’t involve refinancing your first mortgage.Compare Offers from Several Read more
Does a Cash Out Refinance Result in a Higher Interest Rate?
There’s one thing most borrowers worry about when getting a new mortgage – the interest rate. So it’s no wonder people worry about the interest rate when taking a cash out refinance. The talk is that rates are higher with this type of loan; is it true?Compare Offers from Several Mortgage Read more
Should You Do a Cash-out Refinance to Pay Off Your Student Loans
According to Business Insider, student debt in the United States is over $1.3 trillion and more than 70 percent of college graduates have student debt. When you combine student debt with mortgage payments and all other daily expenses, many consumers feel overwhelmed. Rather than making multiple Read more