Cashing out refers to the refinancing of a home loan where the borrowers will borrow money against the equity in their home.
What are the benefits?
By cashing out on your home, you can obtain cash on the value of your own home to pay off debts or upcoming expenses. The refinance transaction can also provide you with a better mortgage loan interest rate that will save on your monthly mortgage payments during the loan period.
How can we help?
If you are looking for this type of refinancing, Corps d'Elite Mortgage Group can find a program suited to your financial needs. We offer cash-out programs for Owner-occupied homes and Non-owner occupied homes, with low, affordable rates.