If you have equity in your home, a cash-out refinance can help you tap into that cash. You receive a large sum of money at the closing and pay it back with your regular mortgage payment each month. You can use this money as you see fit. A few examples of ways people use them […]
When Should you Refinance Your Subprime Mortgage?
If a subprime mortgage was your only option when you bought your home, don’t worry. There’s a chance to refinance it and get a conventional or government-backed loan. You’ll have to put a few things in motion in order to make this happen though. Compare Offers from Several Mortgage Lenders. First, determine why you needed […]
Is it Possible to Get a Cash-Out Refinance With Bad Credit?
You have bad credit so you assume your chances of a cash-out refinance are gone. This may not be the case, though. You may have options. It involves shopping around. You may also need a co-signer or compensating factors. We’ll walk you through the steps to see if you too can tap into your home’s […]