Are you longing to remodel your home? You’re certainly not alone! According to NerdWallet’s 2020 Home Improvement Report, 61% of American homeowners have taken on various home projects since March 1, 2020. However, before you can join this tall list, you will need to...
A rate and term refinance is an improvement on your current loan terms. You essentially exchange your old mortgage for a new one that leaves you more financially secure. You can negotiate this refinance to benefit from a lower interest rate or a new loan repayment...
A cash-out refinance loan is becoming an increasingly popular refinancing choice among homeowners, but it is also a preferred refinance option for property investors. Let’s take a closer look at what cash refinance loans are and why property investors love them. So...
If you are a homeowner and need money, perhaps the first thought would be to use your home as collateral for the loan. And while it is one of the ways, there are several other alternatives to how you can use your equity to your advantage, and one of them is cash-out...
A cash-out refinance loan allows you to repay your original debt while leaving some extra cash in your pocket that you can use to your advantage, especially during times of high inflation. Let’s learn more about what cash-out refinance is and how it works, followed...
Are you wondering, “Why should I refinance my house? It’s a fair question since refinancing can cost anywhere between 3% and 6% of your loan’s principal. It can take years to recoup that cost with the savings you generate from a shorter term or a lower interest rate....
