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

John Lemos

Mortgage Loan Officer, NMLS 613321

Fullerton, CA

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Movement Mortgage NMLS# 39179

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

Mobile: (951) 256-0812

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