Cash Out Home Loan

CASH OUT HOME LOAN – This kind of loan allows you to take cash from your equity,  and use it however you want!  DEBT Consolidation loan is also a great way to pay off high interest rate loans; but most of all LOWER your monthly payments!

Benefits:

  • Take out money to pay off other bills or obligations
  • Refi – so you can possibly lower your payments monthly and have some extra cash to use how you want.
  • Lower Interest rate.
  • Re-structure from a 15 year to a 30 yr. loan or even the reverse.

We are not accountants, so please consult your CPA or Accountant.  Money taken out on a refinance does not affect your property taxes nor your income taxes in our opinion.

 

Call Steve at 805-374-6000 No obligation to find out if the numbers make sense for your situation.