Need to pay for improvements or pay for college or an upcoming event? Using the equity in your home and taking cash out and refinancing your existing loan will put the value of your home to work for you. Another option would be to take out a Home Equity loan to get you the cash that you need and provide easy monthly payments. A Cash–Out refinance is available on either a fixed-rate or an adjustable-rate mortgage. Your lender can provide information about fixed-rate and adjustable-rate mortgage options so you can decide which best fits your situation.
Click here if you would like to discuss your options with one of our Mortgage Bankers.