Tag Archive for: cash-out refinance

Unlock Your Homebuying Power With The Trailing Primary Residence Program

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Buying before selling a primary residence can present financial challenges. However, the Trailing Primary Residence Program offers a solution that increases your purchasing power and allows you to leverage the equity from your departing residence. In this comprehensive blog post, we will delve into the inner workings of the Trailing Primary Residence Program, its remarkable benefits, and how it can empower you to buy a new home easily.Read More

How to Qualify for an FHA Cash-Out Refinance

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Are you looking to leverage your home’s equity for a variety of financial needs? A cash-out refinance can be a powerful tool, and if you meet certain criteria, an FHA cash-out refinance might be the perfect solution. We will explain how FHA cash-out refinancing works, the eligibility requirements you need to meet, and the step-by-step process to qualify. Whether you’re considering debt consolidation, home improvements, or funding other financial goals, we’ll equip you with the knowledge and insights necessary to make informed decisions.Read More

Leveraging Your Home Equity: Paying Off Debt and Seizing Investment Opportunities

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Harness the power of your home's equity to pay off consumer debt and make smart investments, while avoiding risky borrowing practices.Read More

When It Makes Sense to Take a 3% HIGHER Rate (More Often Than You Think)

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MY BORROWER WAS BANKRUPT – WITH $160,000 OF CREDIT CARD DEBT When I first got into the mortgage business in 1994, a borrower came to me with $160,000 of credit […]Read More

How To Finance In-Law Units; Flight To Safety Again

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CA recently passed a bill (SB9) that eases zoning restrictions and makes it far easier for homeowners to add extra units to their properties. These units are known as Accessory […]Read More

Why Should You Refinance Your Mortgage?

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Refinancing is an excellent opportunity for homeowners to change their mortgage rate and terms to lower their interest rate, monthly payment, or cash out some of their property’s accumulated equity. There are two types of refinances available for homeowners, rate and term refinance, and cash-out refinance.Read More

When Is The Right Time To Refinance Your Home

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Refinancing can be a smart financial move, however, there is still an important question to ask, how soon after buying a property can you refinance?Read More

DANGER! Home Equity Lines & Inflation

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A borrower reached out to me for a Home Equity Line of Credit (HELOC) recently, and I referred her to a local bank that we work with that offers the […]Read More

What Is A Cash-Out Refinance In Texas?

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Homeowners in Texas continue to see an increase in home value and are now finding themselves with more equity in their homes. Many Texas homeowners are eligible to utilize a cash-out refinance to convert some of their equity into cash, but what exactly is s cash-out refinance?Read More

Student Loan Cash-Out Refinances

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Millennials are one of the largest demographics and have taken the housing market by storm. Millennials accounted for 38 percent of home purchases in 2020 and more than half of […]Read More

Two Refinance Options Every Homeowner Should Know

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Because of the current low rates, refinancing has become very popular. Homeowners wanting to take advantage of these low rates should know about their refinance options. When you refinance to lower your rate or improve your mortgage terms, you are doing what is called a "rate and term refinance."Read More

How To Fund DIY Home Projects With A Refinance

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Many homeowners consider tackling DIY home projects, whether you’re selling your home or just making minor improvements. For example, the list of home projects may include updating your hardwood floors. While this renovation may seem intimidating, here are five reasons hardwood flooring should be a top priority for every homeowner.Read More

Should You Refinance Your Mortgage?

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Mortgage rates are trending down, and many homeowners are considering refinancing their mortgage. Homeowners should reach out to a Mortgage Analyst about refinancing their mortgage if rates have dropped significantly lower and if their home value has increased.Read More

Cash-Out Refinance in California

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House values are continuing to increase across the state of California, and homeowners are now finding themselves with more equity in their homes. Many homeowners utilize a cash-out refinance to convert some of their equity into cash.Read More