We’ll break down the differences between a cash-out refinance vs. a home equity loan, and help you narrow down which option is best for you.
Take Cash Out ; Lower Your Payment ; Shorten Your Loan Term
Looking to refinance your home loan? If you're looking to switch your home loan to us from another bank, we can help you make the smart choice.
Get current refinance rates at loanDepot, a direct lender with low rates on home refinance mortgage loans.
6.625% Rate ; 6.490% Rate ; 5.625% Rate ; 5.750% Rate
Why Would You Refinance Your Home? There are a few reasons why one would refinance their home. The primary reason is to obtain more favorable loan terms than before. This is usually seen in...
Refinancing your mortgage could be a good idea if it will save you money or make paying your monthly bills easier. Some experts say you should only refinance when you can lower your interest rate, shorten your loan term or both—but those aren’t the only reasons. For example, you might need short-term relief from a lower monthly payment, even if it means starting over with a new 30-year loan. Refinancing could also help you access the equity in your home or get rid of a loan backed by the Federal Housing Administration (FHA) along with its m ...
What you’ll learn ; What does refinancing mean? ; What are the benefits of refinancing your home loan? ; What are the risks when switching home loans? ; Why refinance your home loan?
When you refinance your mortgage, everything hinges on the appraisal. The key is understanding how appraisals work and how to prepare your home.
A no-cost, no-obligation prequalification request that takes about 5 minutes ; Experienced lending specialists to help you every step of the way ; Easily manage the entire process online through Home Loan Navigator