Tag: cash out equity

Why is Equity Important in a Cash-out Refinance?

  • Blog
When you read through the requirements of an Arizona mortgage cash-out refinance, equity will be at the top of the list, next to a good credit score and a low debt-to-income ratio. The entire idea of getting cash out to refinance is based on a home’s equity. This is why cash-out refinance is described...

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Can You Refinance a 1031 Exchange Property?

  • Blog
Many real estate investors sometimes wish to generate some cash during the time of selling a relinquished property. That said, it should be no surprise that property owners plan to refinance the relinquished property before the exchange or refinance after 1031 exchange in order to get cash out of...

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V.I.P. Mortgage, Inc. DBA Spire Financial does Business in Accordance with Federal Fair Lending Laws. NMLS ID 145502. For state specific licensing, visit www.vipmtginc.com/national-licenses/. V.I.P. Mortgage, Inc. is not acting on behalf of or at the direction of the FHA/HUD or the Federal Government. This product or service has not been approved or endorsed by any governmental agency, and this offer is not being made by any agency of the government. V.I.P. Mortgage, Inc. is approved to participate in FHA programs but the products and services performed by V.I.P. Mortgage, Inc. are not coming directly from HUD or FHA. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions may apply. This is not an offer to enter into an agreement. Not all customers will qualify.

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