Tapping into your home’s equity is a great solution for your immediate expense needs. Whether it is to pay for emergency medical bills, a vacation, or home improvement, today’s low interest rates could help you refinance to a cheaper mortgage, on top of taking home cash from your equity.But how Read more
Peek Into These Cash-out Refinance Programs
Taking money out of your own home when refinancing is possible. Popular cash-out refinance programs are offered by Fannie Mae, Freddie Mac, the Federal Housing Administration, and the Department of Veterans Affairs. Take a look at each cash-out refinance offering and find out which one is for Read more
When Is the Best Time for a Cash-out Refinance?
It’s an exciting year for cash-out refinancing, which is expected to take a bigger share of the refinancing pie due to rising rates. In a cash-out refinance, your home is a piggy bank where you store and extract money from. When is the right time to refinance and withdraw cash out of your Read more
If You Were to Refinance Today, Traditional or HARP®?
Refinancing is the road homeowners take when they want to bring down the costs of keeping a mortgage. In so doing, they take advantage of lower rates and lower mortgage payments. But with so many refinance programs to choose from and sometimes a little time to spare, it’s easy to get lost in the Read more
Conventional vs FHA Refinance, Which Is a Better Option?
Refinance is the route you take when you want to make your mortgage debt easier to repay, more affordable in the long run. But with an array of refi options available in the market, it can be a challenge to go through every possible refinance program. For the interest of borrowers and would-be Read more
