Get Cash For Bills Or Expenses
If you’re thinking of refinancing your home, Lakeview Loan Servicing, LLC (“Lakeview”) can help with a cash out refinance! A cash out refinance unlocks the equity in your home and provides you with a lump sum of cash to use however you’d like.
What is A Cash Out Refinance?
A cash out refinance is a new larger mortgage loan that pays off the existing loan and uses some of the equity to deliver to you a lump sum of money to. to use however you’d like. You could pay off other debt, like student loan debt, a car loan, or credit card debt. You could use this to complete the home renovations you’ve been dreaming of, like a kitchen or bathroom remodel. Or, cover unexpected bills.
And that’s not it! A cash out refinance may offer additional benefits. We may be able to lower your monthly payment, shorten your loan term, or qualify you for a lower interest rate.
Is a Cash Out Refinance Right For You?
A cash out refinance may be a good option if you’re planning on staying in your home for the next few years and if a lump sum of cash makes sense for your life circumstances.
Our mortgage loan experts are here to help you explore your options. Give us a call to talk through them today.