BREAKING NEWS
Home Owners are Getting $185,000 on Average From Home Equity!
Home Values are Still Record High and Many are Cashing Out!
The recent rise in home equity means that many homeowners are now looking to access some of the money that they have invested in their houses.
That means looking to financial products that can unlock equity: cash-out refinancing; home equity lines of credit (HELOCs); and reverse mortgages, often offered through what is called home equity conversion mortgages (HECMs).
When you apply for a loan (Refi / HELOC / Mortgage) your lender is going go pull your credit. They use that to determine what your interest rate will be on the loan.
These options put cash back in your pocket during uncertain times. You can use the money for anything you need.
Find Out How Much You Have Available»
Usually, there are items on your report that could be easily changed to improve the score.
These changes will lower your interest rate and save you money.
It’s not your lender’s job to know about these things though. That is what we do.
Close to 80% of the credit reports we look at have mistakes!
Usually, these mistakes are easy to correct, and the result is a Higher Score.
A higher score means a lower rate and big savings for you!
We’ll use a vantage report so you won’t get those point robbing credit inquires before or after you apply for a home loan. You’ll receive a step by step instruction on what you need to do in order to make your score jump so you can get the lowest rate available.
During these uncertain times with rising interest rates, it is more important than ever!
Get started today!
Few homeowners are aware of these new programs (started in April 2022).
These programs allow homeowners like you to:
Although rates are up from last year, they are still lower than current inflation. This means the dollars you pay back are worth less than what you can get today. Pulling cash out now saves thousands of dollars in these situations.
Millions of Americans have already moved their mortgage payments into these programs, so if you want to cash in on your home equity , it’s crucial that you act now while home values continue to rise.
Want To See How Much You Is Available?
Here’s How:
Step 1: Do you want to buy, get a HELOC, or refinance?
Step 2: Find out how much equity you have!
——— > It takes just one minute to get started
These options put cash back in your pocket during uncertain times. You can use the money for anything you need.
Find Out How Much You Have Available»
References:
Homeowners who refinance with Freddie Mac’s Flex Modification can eliminate up to 20% off their monthly house payment. These numbers along with more benefits of the program can be found at: https://nationalfairhousing.org/wp-content/uploads/2017/09/2017-09-26_Fannie_Mae_and_Freddie_Mac_Flex_Modification.pdf
Homeowners who refinance from 30 year fixed mortgages to 15 year fixed mortgages can save up to $145,000. Further information for this can be found at http://www.nytimes.com/2011/08/21/realestate/exploring-the-15-year-loan-for-refinancing-mortgages.html
*TheCreditMovement.com is an independent professional loan preparation company. The services, policies and products that we present are from companies from which thecreditmovement.com has determined are most ideal for each unique situation. The Credit Movement cannot and does not present information about every service, policy, product or company available.Opinions expressed here are the author’s alone. The services, products, and offers that appear on this site are hand picked in each situation. All trademarks, logos, and service marks (collectively the “Trademarks”) displayed are registered and/or unregistered Trademarks of their respective owners. Mortgage Lenders are constantly changing their policies in your state to meet demand and manage risk. Example savings illustrated above are for demonstration purposes only and results will vary based on your individual qualifications which may be associated with your home’s loan-to-value, home type, city and state where the home is located as well as other factors including but not limited to credit scores, employment history, residency type and other factors.