Did you know you can use a refinance to put a little extra money in your pocket? In a cash-out refinance, you borrow more than you owe on your mortgage, pay off the mortgage, and use the rest on something else (such as consolidating high-interest debt, or making home improvements.) Contact us to discuss if this is the right decision for you. Cash-out refinances might come with a higher interest rate, depending on your situation.
Not sure if it's time to refinance? Give us a call. We'd love to talk!
Refinancing an existing loan may result in higher total finance charges over the life of the loan. Debt consolidation does not pay off debt and may result in a higher long-term expense.
