Refinancing benefits
Refinancing benefits
Your employees could save money by refinancing.
We can help employees free up money by lowering monthly mortgage payments or providing a one-time cash-out payment during refinancing by tapping into the equity of their home.
Possible benefits of refinancing:
- $1,000 credit at closing
- Lower monthly mortgage payments
- Pay less interest over the life of the loan
- Shorten the length of the mortgage
- Switch from an adjustable rate to a more stable fixed rate
- Consolidate high-interest debt into the mortgage
- Help with unexpected life events
A cash-out refinance could help with large expenses such as:
- Home renovation projects
- Tuition and school fees
- Unexpected/emergency expenses