Mortgage Broker based out of Boise, Idaho serving Idaho and Utah

What is Cash-out Refinancing?

This type of refinancing replaces your current mortgage with a new home loan.  The new loan will be for more than you owe on your house and that extra money will be given to you in cash. You can spend it on home improvements, debt consolidation, medical bills, or anything else you have a need for.  You must have equity in your house to do a cash-out refinance.  Call us today at 208-941-6778 and we can go over your current mortgage and finances with you to see if this is a good option for you or if it is too risky.

When to use Cash-out Refinancing
 

• If you are making some needed home improvements 
• If it can lower your interest rate.  A lot of times refinancing your mortgage will give you a better interest rate than a home equity line of credit or a home equity loan.  
• Could have a lower interest rate than your current loan if you purchased your home when the mortgage rates were higher.
• Debt Consolidation

Debt Consolidation

If you have high credit card interest rates, using a cash-out refinance mortgage can help you pay off the credit cards and have a lower interest rate with your mortgage.  This isn’t the best option for everybody, so call us today and one of our experts will talk with you and give you advice on how to proceed.

Let Alpine Mortgage help you find the best mortgage rate for your cash-out refinancing.  You can trust us to help you with this important decision.  As a mortgage broker, we work for you, not the mortgage company.  We help you shop for the best rate, terms, and flexibility.  We will help you find the best deal while looking out for your interest.
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Call Alpine Mortgage at 208-941-6778

for more information on which refinancing option is best for you.  You may also fill out our online form.  We have the experience and expertise to walk you through the process and help you make the decisions that are in your best interest.  Remember, we work for YOU!