Reasons to Refinance – Michael Anthony O’Connor – C2 Financial

With cash-out refinancing, you refinance your current mortgage for more than the amount you currently owe, and keep the extra money to spend as you wish. For example, if your current mortgage balance is $150,000 on a home that’s worth $250,000, you could refinance your mortgage for $175,000.

We offer a variety of home purchase loans and refinance options to. Read More 3. Coastal Cities Mortgage. Be the First to Review! (760) 557-2260.. michael anthony O’Connor – C2 Financial. Be the First to Review! www.michaelanthonyoconnor.com.

The only reason to refinance to a higher mortgage rate is to replace an adjustable rate mortgage with a fixed loan. Just understand the costs and benefits before choosing a loan. A home refinance makes sense when you do it at the right time and for the right reasons–make sure that’s the case before committing to a refinance today.

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05/13/2019 Heather recommends Michael Anthony O’Connor . #Thankyou Heather for the for the kind words, and support! #MyTeam and I Michael Anthony O’Connor – C2 Financiallook forward to working with you in the future, whether that be a #refinance, or another #purchase.

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Cash Out Refinancing. The second major reason to refinance is to utilize some of your equity for other purposes. In a cash-out refinance, your new mortgage is greater than your current mortgage and you receive the difference in cash. If you have a second mortgage, you can roll it into the first.

Top 5 Reasons You Should NOT FSBO Rising home prices coupled with a lack of inventory in today’s market may cause some homeowners to consider selling their home on their own (known in the industry as a For Sale By Owner).

reversemortgagedaily.com Using a reverse mortgage to refinance an existing mortgage will create more financial flexibility for fixed-income retirees, according to Dr. Wade Pfau, professor of retirement income at the American College of Financial Services and a member of the Funding Longevity Task Force, in a new piece at Fo.