Refinance
Refinance or Cash-Out: What’s the Difference?
Refinance. Sounds like a good idea on paper: why not save every month? Maybe the bills can be paid-off earlier, or you might be able to take a nice holiday. However, which type of refinancing is right for your situation? A mortgage refinance is the changing of a mortgage when the interest rate at the…
Read MoreMortgage: Interest and Refinancing 101
We’ve all heard the terms “mortgage” and “interest” in movies, TV shows, and even books. But what exactly are they? Interest rates are the percentage at which money can be borrowed or earned, typically in reference to loans or investments. Low interest rates make borrowing cheaper, encouraging spending and investment, while high interest rates make…
Read MoreShould You Refinance?
It’s not easy if you’re on the fence in deciding whether or not you want to refinance your home. The grass looks greener on both sides at different times and being stuck in the middle can feel like a never-ending struggle. The more you know about your options and how to choose the best time,…
Read MoreWhy Veterans Refinance
Top Reasons Why Vets Seek a Refinance Do you ever wish you could have a little extra cash? Don’t we all! Maybe there’s a vacation you would like to take or some things you need to buy for your home. Perhaps you have some high-interest debt that you need to get rid of. If so,…
Read MoreWhat Are the Benefits of a VA loan?
Buying a home is likely to be one of the biggest purchases in your lifetime. As an added perk for those who have served in the military, our government offers VA home loans to active service members, veterans, and in some cases, surviving family members. Although understanding the terms of mortgage assistance for veterans can…
Read MoreIs It Worth It to Refinance?
Refinancing your home loan will ideally replace your current loan with a more favorable one. While the reasons for refinancing may vary, there are a few key objectives that can help you decide whether it’s worth it. It may be in your best interest to refinance if you need to: (1) pay off debt; (2)…
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