cash out

Tapping the Equity in Your Home for Cash: When a Cash-Out Refinance Might Make Sense

Tapping the Equity in Your Home for Cash: When a Cash-Out Refinance Might Make Sense

By Tara Mastroeni / July 8, 2021
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If you own your own home, you may have heard that a cash-out refinance can be a solid option for big expenses. While this is true, not all large expenses are created equal. To that end, we have listed some…

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Should I Refinance My HELOC into a Fixed-Rate Mortgage?

Should I Refinance My HELOC into a Fixed-Rate Mortgage?

By Aly Yale / January 18, 2021
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When you’re in need of cash, a home equity line of credit (HELOC) can seem pretty great. They come with low (often interest-only) payments for many years, you can use as much or as little as you like (similar to…

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Debt Consolidation: Mortgage Refinance Options and FAQs About Refinancing to Consolidate Debt

Debt Consolidation: Mortgage Refinance Options and FAQs About Refinancing to Consolidate Debt

By Aly Yale / November 21, 2020
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Many homeowners refinance their mortgages to lower their interest rates or reduce their monthly payments. Others refinance in order to tap into the equity they’ve built and turn that equity into cash they can use. Another option that has been…

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3 reasons why now may be a good time to refinance your mortgage

3 Reasons Why Now May Be a Good Time to Refinance Your Mortgage

By Aly Yale / May 2, 2020
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There’s a lot going on in the economy, and while most of it isn’t good news, there is still a silver lining: Mortgage rates are historically low. For homeowners, that means refinancing is more attractive than ever, especially if financial…

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man standing on top of a rock bridge

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

By Aly Yale / March 7, 2019
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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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Hand tossing a snowball in the air

How the Debt Snowball Method Works

By Mary Mack / February 25, 2019
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When it comes to credit card debt, over-extending oneself can happen to anyone. One reason many find themselves in a downward debt spiral is that in attempting to dig themselves out, they only make things worse. Do you pay the…

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Hand drawing a dollar sign

When Is It Best to Refinance Your Mortgage?

By Jon Clark / January 12, 2019
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Lives can change in a short amount of time. It’s possible the situation you are in today could be drastically different than the situation you found yourself in just five years ago. Maybe five years ago, you were fresh out…

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Hands holding a pile of change

Everything You Need to Know About a Cash-Out Refinance

By Jon Clark / November 24, 2018
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A cash-out refinance is a way for you to pull money out of the equity you have in your house. This new mortgage replaces your existing mortgage with an amount that’s higher than what you presently owe. The difference between…

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Fall leaves

Prep for the Seasonal Shift: Your November Home To-Do List

By Aly Yale / November 1, 2018
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Somehow, it’s already November and the holidays, winter, and even the New Year are almost upon us. Have you started prepping your home? With colder weather coming in — not to mention those in-laws and out-of-town guests — the time…

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stack coins and money bag

5 Smart Ways to Use Cash-Out Refinance Money

By Aly Yale / October 29, 2018
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Cash-out refinances are a great way to access money easily and quickly. The strategy essentially replaces your existing mortgage with a new loan — one that’s bigger, pays off your old one, and gives you cash based on the equity…

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