RATES |
APR as low as 5.49% |
APR as low as 5.99% |
APR as low as 6.99% |
A cash out mortgage refinance is a popular method of borrowing extra cash by leveraging your current home equity. By taking on a larger mortgage, you can pocket cash that can be used for any purpose. Find money for home renovations, get serious about consolidating outstanding debts, or pay back your student loans. With a cash out mortgage refinance, the choice is up to you!
RATES |
APR as low as 5.49% |
APR as low as 5.99% |
APR as low as 6.99% |
A: Conventional mortgage refinancing is perfect if you’re looking to cut down monthly expenditures by leveraging the equity in your home. On the other hand, a cash out mortgage refinance offers a larger mortgage in exchange for large sums of immediate cash. Be sure to weigh your options carefully before committing to either type of mortgage refinance.
A: Wasatch Peaks Credit Union provides cash out mortgage refinances paying for up to 80% of your home’s loan-to-value ratio. If you are interested in learning more about the value of your home in a cash out mortgage refinance scenario, reach out to us today.
A: When you invest in a cash out refinance, you can use your funds in a variety of ways. Get rid of outstanding debts, fund a home renovation project, and so much more.
You don’t need to take out another loan to consolidate debt, remodel your home, or pay off monthly bills. In fact, your next cash out mortgage refinance can supply everything you need to make your dreams a reality. Apply online for a cash out mortgage refinance and unlock your financial potential today!
*Rates, fees, and Annual Percentage Rates (APRs) displayed are intended as mortgage market indicators only, are time-delayed, and may change without notice. The information provided assumes the purpose of the loan is to purchase a primary residence, single-family dwelling in Utah with a 20% down payment. The rate-lock period is 30 days and the assumed credit score is 740. Actual rates, fees, and APRs may vary based on these and other factors. There may be additional fees assessed by the investor that will increase the APR. NMLS#631141
Federal Housing Administration (FHA) loans require a minimum of 3.5% down payment. FHA loans are subject to an up-front mortgage insurance premium of 1.75% of the loan amount, in addition to a monthly mortgage insurance premium, depending on the loan term and loan-to-value (LTV).
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