Our homes are one of our biggest assets that we have, and as such, carry a cash value. Well, the more you own of your home, the more “equity”, or Ownership, that you have in that home. Do you own it 100% with no loans? Then you have 100% equity!
Now, maybe you have spent a little too much on credit cards lately, your student loan interest rates just went up, or you were just handed the estimate for your remodel and you had a mini heart attack. Well, if you have a good amount of equity in your home, you can use it to pay for those things! Roll your credit cards or student loans into your mortgage and take that 9-20% interest rates and cut them in half, or with some credit cards, cut them by 75% or more! Your re-model is going to add Value to your home anyway, so why not use the equity to pay for it? Don’t drain your emergency fund, or your investments! Let us show you what is possible today!
REFI PRO TIP: If you are doing a Cash-Out Refinance, and only paying off your student loans, you will get a better interest rate than someone doing a normal cash-out refinance!