If you need cash out from the "equity" in your home or investment property apply here and take
advantage of the lowest interest rates in over 30 years. You can use the cash
proceeds for:
Debt Consolidation
Home Improvement
Investment
College Tuition, Retirement,
etc.
We have various Cash Out Refinance
loan programs for Full Documentation, Stated Income, and No Documentation. Please
understand that for Stated Income and No Documentation Cash Out Refinancing that you'll need
credit FICO scores above 620.
If you have an existing 1st
mortgage with a decent rate that you'd like to keep or you have a prepayment
penalty and only need a nominal amount like $50,000 then a 2nd mortgage or
Home Equity Line might be a better solution.
Even if you have bad credit, there
could be a way to get cash out to consolidate high interest debts such as credit cards, auto
loans, student loans, etc. After consolidating your debt, you can invest a portion or all
of the monthly savings into your retirement, college tuition, or payoff your
mortgage sooner, etc. Now you have more options to make your real estate
"equity" work
for you.
You can Calculate your Debt
Consolidation Savings right here with a cash out refinance.
For a Free evaluation of your mortgage loan options:
