Refinancing means getting a new loan to replace your current one. It can help lower your interest rate, reduce monthly payments, shorten your loan term, or let you access your home’s equity as cash.
If interest rates have dropped or your home’s value has increased, refinancing could save you money or lower your payments. It’s worth considering if it aligns with your financial goals.
3. Should I Use Cash-Out Refinancing?
Cash-out refinancing lets you borrow against your home’s equity. You get a larger loan and take the extra amount as cash for things like renovations or paying off debt.
Choose from short or long terms, fixed or adjustable rates, cash-out or jumbo loans, and more. No matter what you’re looking for, we have a refinancing option that will work for you.
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