Cash Out Refinance Rates Florida
Enhance your financial reaches along with your life with a cash-out refinance.
Use your home’s equity to get an advantage! Receive money from your home and use it however you’d like to.
Make home renovations and improvements to add to the value of your home, pay for tuition, pay off debts.
You'll receive a complete online application process which includes less paperwork than most, and you are able to track the current status of your mortgage application.
Our personal home loan experts are personal to you. Meaning we are available to answer your questions so that you are confident in your choices and that we get the right mortgage for you.
After you have closed your loan, you are able to manage your mortgage online free of charge.
FHA Loan – You are able to refinance up to 80% of the home's value.
30-Year Loan – If you are looking for a more traditional loan option, lock in today with a 30-year fixed.
Adjustable Rate Mortgage – You are able to receive the lowest rate and save thousands!
VA Loan – Get a very low rate with the VA loan as long as you are a qualified veteran, military member, or partner. You can also consolidate debt with a fixed low rate.
Is there a difference between a cash-out refinance and a home loan from equity?
Well, home equity loans are typically considered second mortgages. Basically they are mortgages that you compile on top of your main mortgage.
Home equity is the determined value of your house subtracting the amount you owe on your loan.
Depending on the amount of equity you have, that determines the amount of money you can recieve from a cash-out refinance. Many people take cash out to pay off high-interest debt or make general home renovations.
Simply decide if it makes sense to refinance at that moment. Does your current lender have a prepayment penalty? Are interest rates lower now? Do you plan on staying in your home for the foreseeable future?
Tampa Bay Home Mortgage is ready and willing to provide quality service to those in need. We treat each need in accordance to the person and their needs. Choose us today!