Spire's "cash-out refinance" Posts

A cash-out refinance is an excellent way for you to cash in on your home’s equity. By taking a bigger mortgage and cashing out the difference, you can get your

With proof of employment being an essential qualification for a cash-out refinance, the self-employed, seasonally employed or unemployed can dread applying for such a mortgage. Proof of work shows that

Of course you can sell your house after a cash-out refinance. Although, it can be beneficial to plan out accordingly. It can be very tempting to sell your home after

Imagine being able to consolidate debt, pay off your kid’s college tuition without a student loan debt or even find money to invest and save for retirement. These are some

Closing costs are one of the factors that determine the money you will get from a cash-out refinance. They are usually 3% to 5% of the new loan amount, and

After figuring out what a cash-out refinance is and the financial benefits it can offer, one may be left with one important question – how much can I get from

The procedure of closing a cash-out refinance isn’t very different from that of a traditional mortgage refinance. It’s a fairly simple process, and as long as you meet all the

The option to tap into your home equity and get paid cash by taking a bigger mortgage seems like an excellent idea. However, it’s important to think things through when