Get Cash Out
Do you find yourself in need of cash in order to fund your most important investments? Assuming that you have equity in your home, meaning you’ve paid off a portion of your mortgage already, then refinancing can provide the ideal solution. First, you’ll have to see if your situation meets several conditions. If your credit score has improved since you initially took out your mortgage, current interest rates are lower than your rate, and you have a significant amount left to pay on your mortgage, then refinancing to get cash out is a great option. You’ll be able to pay off the remaining amount on your current mortgage with a new one at a far lower rate, and free up a significant amount of cash at the same time.
To begin evaluating whether this may work for you, get in touch and we can take a look at your current situation and advise you appropriately.