Jody Severini’s Post

A cash-out refinance is a mortgage that allows you to borrow money against the equity in your home. You can use the money for any purpose, such as debt consolidation, home improvements, or college tuition. Learn why a cash-out refinance could make sense for you.

A cash-out refinance helps put your home equity to work in your favor. By using the cash you receive, you can consolidate your debt*, lower your monthly payments, and free your finances for more important things in life. *Using your home equity to pay off debts or make other purchases does not eliminate or lessen the debt or the cost of the purchases, but rather increases the loan amount of your mortgage to be paid according to your new mortgage terms.

Refinancing your mortgage can be a great way to lower your monthly payments, switch to a different loan program, or tap into the equity in your home. However, to get the best possible terms on your refinance, you may need to get a real estate appraisal. But how do you know if you need an appraisal for refinancing? In this blog, we’ll explore the factors that affect the need for an appraisal and provide new ideas and advice on how to make the right decision. READ MORE: https://lnkd.in/d8j2JzBF

Mortgage definitions don’t have to be complicated. You can learn some of the most important terms in 10 words or less. Pretty simple, right? The LTV of a loan can help borrowers determine how much money they can borrow from their house using a HELOC or a cash-out refinance. Equity and LTV go hand in hand to determine how a home is building wealth.

Mortgage definitions don’t have to be complicated. You can learn some of the most important terms in 10 words or less. Pretty simple, right? The LTV of a loan can help borrowers determine how much money they can borrow from their house using a HELOC or a cash-out refinance. Equity and LTV go hand in hand to determine how a home is building wealth.

A cash-out refinance helps put your home equity to work in your favor. By using the cash you receive, you can consolidate your debt*, lower your monthly payments, and free your finances for more important things in life. *Using your home equity to pay off debts or make other purchases does not eliminate or lessen the debt or the cost of the purchases, but rather increases the loan amount of your mortgage to be paid according to your new mortgage terms.

Ever considered tapping into your home's equity? With a cash-out refinance, you can! This option allows you to pay off your current mortgage with a new one with a higher amount and get the difference in cash for things like: home improvements, consolidating high interest credit card debt, paying for school tuition, etc. Questions? Call me!

Mortgage definitions don’t have to be complicated. You can learn some of the most important terms in 10 words or less. Pretty simple, right? The LTV of a loan can help borrowers determine how much money they can borrow from their house using a HELOC or a cash-out refinance. Equity and LTV go hand in hand to determine how a home is building wealth.

Attention homeowners! Refinancing your mortgage could lead to significant savings. Whether you want to lower your monthly payments, shorten your loan term, or tap into your home's equity, I can help you explore your refinance options. #Refinance #Savings #AskIsaiah

CASH OUT REFINANCE Let's chat about something that might just be your next financial power move—leveraging the equity in your home through a Cash-Out Refinance. 🏠💰 You've worked hard to pay down your mortgage, and your home has probably appreciated in value, too. Guess what? That means you've got equity just sitting there. It's like a buried treasure right under your roof! 🏡💎 A Cash-Out Refinance allows qualified borrowers to unlock that value. Whether you’re looking to consolidate debt, renovate your space, or even invest in a new property, this could be the solution you've been searching for! 🛠️🌟 Reach out to me today to learn more!