Types of home refinancing

Are you thinking about refinancing your home? There are two different types of home refinancing. The first is rate and term (when you refinance your loan balance). The second is called a cash-out refinance. Christina Jasper’s 360-degree strategy call will help you understand how refinancing can help your financial goals. We will help you determine which plan is best for you. You can use home refinance not just as a way to lower an interest rate. You can use refinancing your home to:

  • Consolidate other high-interest debt
  • Finance a child’s college tuition at a lower interest rate than student loans
  • Fund an underfunded retirement
  • Improve monthly cash-flow
  • Finance a much-needed renovation to the current home
  • Provide a down payment for an investment property or second home
  • Any other cash needs