Pay off Debt or Start a Home Improvement Project with a Cash Out Refi Home Loan.
For Texas residents looking to tap the equity in their home, a cash out refinance loan is a great option. Let Sunray Mortgage be your guide and provide the best cash out refinance loan option for your situation.
Use the Cash to Pay Off Credit Cards or Student Loans
A Cash-out Refinance is a very popular way to both refinance your mortgage and borrow money at the same time to pay off debt, start a home improvement project, or another financial priority.
You refinance your mortgage and receive a check at closing. The balance owed on your new mortgage will be higher than your old one, plus any closing costs rolled into the loan.
With all the benefits of refinancing, it is important to understand all the details for this unique type of loan. Consultation with one of Sunray’s loan experts can provide a better understanding of what refinancing means for your existing loan and situation.
Could refinancing be right for you? Let our expert loan advocates help find out if refinancing fits your unique needs.
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Hi there, I’m Michael.
Your friendly Loan Expert here at Sunray Mortgage. I’ve worked with over 100 happy customers this year. Let’s talk about your mortgage goals!