In this post, we’ll review the terms and eligibility requirements for the Freddie Mac cash-out refinance loan in order to help borrowers determine whether this is a good option for their individual needs.
Read MoreIn part three of our “Different Types of Mortgages” series, we talked about conforming loans, jumbo loans, and super jumbo loans. Now, we’ll share some of the other types of mortgages that aren’t used for buying a residence -- from refinancing loans to home equity products.
Read MoreIf you’re a veteran or surviving spouse who wants to get out of a mortgage with a high interest rate, as well as tap into some of the equity in your home, a VA cash out refinance could be the perfect solution.
Read MoreYour home is your castle, but sometimes even the best castles can stand to have the moat dug out a little deeper or their battlements reinforced after a particularly harrowing attack by marauding knights. Borrowing money for those items on your credit alone can be tricky, which is why banks offer you multiple options to tap your home’s equity, including the choice to refinance your current mortgage.
Read MoreIf you want to save money on your mortgage or access some of the equity in your home, refinancing your mortgage could be a vital step in your journey. There are a variety of things that make home refinancing a popular financial tool -- and today, we’ll get into how and why you might want to consider refinancing.
Read MoreCash-out refinancing for debt consolidation can be a great option for a homeowner who has been paying their payments faithfully for a while — and it’s also helpful for those who realize that the loan they used to secure the home was not compatible with their needs.
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