Search results for “Refinance”


Cash Out Refinancing in 2022: The Definitive Guide
March 2, 2022

Cash Out Refinancing in 2022: The Definitive Guide

How a Cash-Out Refinance Works A cash-out refinance is a type of loan where a borrower “cashes in” their home equity for cash in hand. How does it work? When you take out a mortgage to buy your home, ...


How Your Mortgage Rate is Calculated (and What You Can Do About It)
January 17, 2021

How Your Mortgage Rate is Calculated (and What You Can Do About It)

Why Mortgage Rates Matter If you’re like most homebuyers, there are three mortgage factors that probably concern you most: the closing costs, the monthly payment, and the rate. The lower your mortgage...



Rushing to Refinance: Why More Consumers are Looking to Refinance in an Uncertain Market
May 1, 2020

Rushing to Refinance: Why More Consumers are Looking to Refinance in an Uncertain Market

We don’t yet know the full extent of the impact this pandemic will have on the housing market. However, according to a recent study conducted by Cultural Outreach, 73.8% of millennial homebuyers are m...


Can a Cash-Out Refinance Help with Major Expenses?
May 20, 2020

Can a Cash-Out Refinance Help with Major Expenses?

A cash-out refinance is a method for you to tap into your home equity. You’ll refinance your existing mortgage into a new one for a larger amount and pocket the difference, minus closing costs. But, r...


The 5 Most Important Reasons to Refinance Your Mortgage Loan
June 3, 2020

The 5 Most Important Reasons to Refinance Your Mortgage Loan

While each homeowner has their own reasons for refinancing, the ultimate goal is to keep money in your pocket. So, if you find yourself weighing your options, here are five key reasons to refinance yo...


6 Reasons to Refinance Now
June 17, 2021

6 Reasons to Refinance Now

1. Reduce Your Interest Rate When rates drop, you could reduce your monthly mortgage payment. For example, on a $200,000 mortgage with an original interest rate of 5.5%, refinancing to a 30-year fixed...


FHA Refinance Guidelines in 2022
February 11, 2022

FHA Refinance Guidelines in 2022

The FHA also offers great refinancing options, whether you’re an existing FHA borrower or not. If you’re thinking about a refi, an FHA refinance might be right for you. Check out these FHA refinance o...


7 Misconceptions About a Mortgage Refinance
May 23, 2021

7 Misconceptions About a Mortgage Refinance

1. Waiting for rates to drop Waiting for mortgage rates to drop can be a gamble, because there’s no guarantee rates will go lower. Refinancing is a smart choice when it makes sense for you, your situa...