cash out refinance: THREE GREAT REASONS TO CONSIDER A CASH-OUT REFINANCE - 06/19/17 04:08 PM
Three Great Reasons to Consider a Cash-out Refinance
Interest rates on home loans are near their best levels of the year, while home values in many parts of the country have increased.  In this environment, many homeowners are considering a “cash-out” refinance.  This is where you pay off your old mortgage by getting a new mortgage with a higher balance.  The difference between the old loan and the higher-balance new loan is called “cash-out.”  That’s because you’re walking away from the new closing with cash.  Here are three reasons why you may want to consider a cash-out refinance:
Pay off other debt that … (0 comments)

cash out refinance: TWO WAYS TO BENEFIT FROM RISING HOUSE PRICES - 02/09/17 03:25 PM
TWO WAYS TO BENEFIT FROM RISING HOUSE PRICES
House prices have gone up in many markets across the country. The chart below illustrates what this could mean for you based on your home value and the rate of appreciation in your neighborhood.

Here are two ways you may be able to benefit if your home has gone up in value:
1 – Cash-out Mortgage Refinance
You may be able to access some of your newly created home equity by refinancing your mortgage into a higher-balance loan. Cash-out proceeds may be used for:
Debt consolidation – pay off other debts with higher interest rates Home … (0 comments)

 
John Lemos, Mortgage Loan Officer, NMLS 613321 (Movement Mortgage NMLS# 39179)

John Lemos

Mortgage Loan Officer, NMLS 613321

Fullerton, CA

More about me…

Movement Mortgage NMLS# 39179

Address: 20 Pacifica, Suite 400, Irvine, CA, 92618

Mobile: (951) 256-0812

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