A cash-out refinance taps into the equity of your home. This is money left over in the value of your home after you subtract your current mortgage amount. Whether your home appreciated or you paid your current loan down, you have equity. The equity is yours to use, up to a certain extent. Many lenders […]
Things you May Not Know About the VA IRRRL
If you have a VA loan now, you may have access to the powerful, yet simple VA IRRRL program. Known as the Interest Rate Reduction Refinance Loan, this program allows you to refinance with very little verification of your qualifications. VA lenders are able to use the qualifications from your current loan to approve you […]
Best Ways to Finance Home Renovation
Home renovation can be expensive, even if you just have a few minor renovations in mind. Unless you have the cash lying around and you don’t need it for an emergency fund, you may need to find ways to finance the renovations. Looking for Current Mortgage Interest Rates? Click Here. You’ll find that there are […]