Mortgage Refinance Tips and Tricks

What Does It Mean to “Have Equity” in Your Home?

What Does It Mean to “Have Equity” in Your Home?

By Aly Yale / April 26, 2023
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If you’re a homeowner, then you’ve probably heard of home equity before — at least in some form or fashion. Whether your neighbor recently did a cash-out refinance or you’ve been told you can “take money out of your house”…

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What Does a "Cash-Out Refinance" Mean?

What Does a “Cash-Out Refinance” Mean?

By Aly Yale / April 12, 2023
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You’ve probably heard the term “cash-out refinance” before. Maybe your neighbor used one to pay for their new deck or your sister took one out to cover your nephew’s first year of college tuition. Whatever the reason, you know that…

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How Often Can You Refinance Your Mortgage?

How Often Can You Refinance Your Home?

By Embrace Home Loans Staff / December 28, 2022
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Many homeowners wonder, “How often can you refinance your mortgage?” If you’ve refinanced before, you may be one of them. The good news is you can absolutely refinance your mortgage more than once. However, there are some considerations before you…

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Refinancing with a VA Loan — The Pros

Refinancing with a VA Loan — The Pros

By John Chiappetta / November 11, 2022
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Veterans Day serves as a special reminder to express gratitude to all military personnel, past and present. There are over 16 million veterans who have served in at least one war. These are grandparents, parents, children, friends, and neighbors who…

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Home Mortgage Refinance: What Are My Options?

Home Mortgage Refinance: What Are My Options?

By Aly Yale / November 2, 2022
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What is the Meaning of Refinance? A home mortgage refinance is a move that essentially replaces your current mortgage loan with a new one. If interest rates have dropped below your current rate, you want to pay off your loan…

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Refinancing Your Home Equity Loans—Consider Refinancing into a First Mortgage

Refinancing Your Home Equity Loans — Consider Refinancing into a First Mortgage

By John Chiappetta / October 7, 2022
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The current real estate market conditions not only affect buying and selling, but it can even be a challenge for non-sellers. And here’s why. The non-sellers we’re talking about are homeowners who took advantage of a low interest rate environment…

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3 Times When Refinancing Doesn't Make Sense (And 3 Times When It Does)

3 Times When Refinancing Doesn’t Make Sense (And 3 Times When It Does)

By Embrace Home Loans Staff / November 5, 2021
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Believe it or not, refinancing is not always a smart financial decision. In order to help you get a better idea of whether or not refinancing makes sense for you, we’ve laid out some scenarios for you below. Keep reading…

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Do You Need an Appraisal When Refinancing?: A Homeowner's Guide

Do You Need an Appraisal When Refinancing?: A Homeowner’s Guide

By Embrace Home Loans Staff / October 29, 2021
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Refinancing your home can be a great way to save money on your monthly mortgage payment. That said, refinancing does come with some requirements. One of those requirements may be an appraisal. To that end, we’ve tried to answer the…

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What Is a Break-Even Point? (And Why You Need to Know Yours When You're Refinancing)

What Is a Refinance Break-Even Point? (and Why You Need to Know Yours)

By Embrace Home Loans Staff / May 21, 2021
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Interest rates have consistently been at historic lows throughout the coronavirus pandemic, and, as a result, many people have rushed to refinance their mortgages. However, the truth is, that refinancing right now doesn’t make financial sense for everyone. If you’re…

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5 Important Questions to Ask Yourself Before You Refinance Your Mortgage

5 Important Questions to Ask Yourself Before You Refinance Your Mortgage

By Embrace Home Loans Staff / April 7, 2021
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Interest rates are still at historic lows, leaving many people considering refinancing their home loans. However, refinancing is not necessarily the right choice for everyone. With that in mind, we’ve brought you five questions to help you figure out whether…

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