06/20/2024
5 reasons why you may need to refinance! 1️⃣Do you have higher then comfortable credit card balance? Utilizing your equity to consolidate those card can increase you overall household cash flow. You may be hesitate of switching out from your 3% mortgage but what about getting the 20% credit card interest rate down?
2️⃣Do you have a major home project that needs to be done? Whether it be a full cash out refinance or an equity loan, there are options to utilize the equity in your home for home improvements.
3️⃣My general rule is when rates are .5% lower that your current rate, it could make sense to refinance. As rates fall, lets run the numbers!
4️⃣Are you wanting to grow your real estate portfolio? Consider looking at utilizing the equity in your home for an income producing property.
5️⃣Do you need to remove someone from title and/or mortgage or buy someone out of their equity in the home? A refinance may be your only option.
Let's chat if any of these hit close to home!
