Take advantage of today's low rates and the equity you have in your home. A cash out refinance puts your money in your hands to use as you please.
A cash out refinance is one of our more popular loans. | | There are lots of reasons to refinance todayCashing out Put cash in your pocket with a cash-out refi. Extracting cash from a home's equity is another reason to refinance. One way to do it is via cash-out refinancing. Here's how it works: Let's say you owe $50,000 on a house that you bought for $100,000. Now the house is worth $150,000. You could refinance for $100,000 and receive $50,000 in cash to buy a Hummer, cruise to Europe in a luxury suite aboard the Queen Mary 2, pay the kids' tuition, or remodel the house. Another way might be to get one of those piggyback equity loans. In the above example, instead of taking out $50,000 cash, you could get a home equity line of credit for that amount. It's a revolving credit line that can be used for intermittent or recurring expenses such as tuition or home remodeling bills. To have your First Equity loan officer start the process of getting you cash at closing, call us toll free at (877) 356-8887. Is it time for me to refinance? See if refinancing is right for you. Most refinancing can be completed in as little as two weeks and we do all of the work. Call your First Equity loan officer today toll free at (877) 356-8887 or click here for a two minute information application for a free consultation and see just how much money you could be saving next month. Back to Refinance Main Page | |
