cash out

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
Posted in ,

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”…

Read More
What Does a "Cash-Out Refinance" Mean?

What Does a “Cash-Out Refinance” Mean?

By Aly Yale / April 12, 2023
Posted in ,

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…

Read More
Home Mortgage Refinance: What Are My Options?

Home Mortgage Refinance: What Are My Options?

By Aly Yale / November 2, 2022
Posted in

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…

Read More
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
Posted in

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…

Read More
https://www.wvhdf.com/home-buyers/movin-up-loan-program

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

By Aly Yale / November 21, 2020
Posted in , ,

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…

Read More
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
Posted in

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…

Read More
Hand tossing a snowball in the air

How the Debt Snowball Method Works

By Embrace Home Loans Staff / February 25, 2019
Posted in ,

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…

Read More
Hand drawing a dollar sign

When Is It Best to Refinance Your Mortgage?

By Jon Clark / January 12, 2019
Posted in

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…

Read More
Hands holding a pile of change

Everything You Need to Know About a Cash-Out Refinance

By Jon Clark / November 24, 2018
Posted in

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…

Read More
Fall leaves

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

By Aly Yale / November 1, 2018
Posted in

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…

Read More