cash out

How Often Can You Refinance Your Home?

Refinancing your mortgage is a great way to consolidate debt or get cash to make home improvements. A homeowner in their early 50s could refinance to shorten the term of their mortgage. This could help them pay it off before they retire to eliminate the monthly payment. A first-time homeowner might refinance to switch from [...]

By |2018-09-17T11:21:59-04:00September 17th, 2018|Categories: Refinance|Tags: , , , |

Frustrated by Lack of Affordable Homes? Consider a Major Renovation

Let’s face it: housing supply is limited right now. Even if you wanted to move on to bigger, greener pastures, you might have a hard time finding the right property — at least at a price you can afford. Fortunately, picking up and moving on isn’t the only option if you’ve grown tired of your current [...]

By |2018-09-05T10:31:19-04:00September 5th, 2018|Categories: Home, Refinance|Tags: , , , |

Can It Ever Make Sense to Refinance at a Higher Rate?

Most homeowners assume that if they’re going to refinance, it needs to be at a lower rate than they’re currently paying. But in reality, rates fluctuate often — and financial situations change just as much. In many cases, refinancing is the best (or only) option, even if it means paying slightly more in interest for [...]

By |2018-07-23T09:56:35-04:00July 23rd, 2018|Categories: Refinance|Tags: , , , |

What Does a “Cash Out” Refinance Mean?

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 cash-out refinances exist — and that they can help pay for things like home renovations, [...]

By |2020-02-19T11:50:39-05:00March 27th, 2018|Categories: Mortgage, Refinance|Tags: , |