Tag: closing costs
Refinancing a mortgage allows you to change your current loan terms and benefit in various ways, including getting lower interest rates, lower monthly payments, equity for purchasing a second property, or cash to use for other luxuries. Although it’s beneficial, it comes at a cost. Generally,...
Is a Cash-Out Refi Right For Me?
With property values on the rise, most homeowners have experienced an increase in their home’s equity in a relatively short period of time. As a result, a cash-out refinance has become an extremely popular method of obtaining money for other uses, including debt consolidation, college tuition, home...