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
Philicia Lloyd, CCIM, MRICS’ Post
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
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Excited about the possibility of lower rates? There are two refinancing approaches you can take – we offer both! 🟢 Rate-and-Term Refinance: This option adjusts the terms of your existing mortgage, potentially lowering your monthly payments or shortening the loan term. 🟢 Cash-Out Refinance: Not only can you benefit from lower rates, but you can also access cash at closing for things like home renovations or other expenses. In short, rate-and-term helps you save, while cash-out gives you extra funds for your plans! 🏠
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Is your home worth more that what you owe on your mortgage? With a cash-out refinance*, you can turn that home equity into cash to use any way you choose, from consolidating debt to updating your home to pay for unplanned expenses and more. Let’s connect to discuss if a cash-out refinance is right for your financial goals. *All loans subject to credit approval and meeting eligibility requirements. Restrictions apply. Must meet minimum equity requirements. By refinancing an existing loan, the payments and total finance changes may be higher over the life of the loan. #https://lnkd.in/ghyKeAHu #https://lnkd.in/g8w7p-eG
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
To view or add a comment, sign in
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
To view or add a comment, sign in
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Refinancing involves replacing your existing mortgage with a new one, and it requires a minimum of 20% home equity. Since breaking your current mortgage entails a fee, I can conduct a customized cost/benefit analysis to determine whether refinancing is a sensible decision. The following are three common reasons why individuals choose to refinance: 📌 Consolidate high-interest debt 📌 Undertake renovations 📌 Access the most cost-effective funds for a significant expense
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