CASH OUT HOME LOAN – This kind of mortgage 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!
- Take out money to pay off other bills or obligations
- Refi – so you can possibly lower your mortgage 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 mortgage 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.