Maybe you would like to take advantage of the low interest rates that’s out in the market today or you’re thinking of drawing home equity to finance a renovation you’ve been wanting for a long time, whatever the case, this is the perfect time to refinance your Edmonton home.
We at Team Leading Edge would like to help you, and the best way we know how is to provide good information. This one we made just for you.
One of the best options you could do is the cash-in/cash-out refinancing. Typically, homeowners like you would like to take out home equity to fund some projects, by using the cash-out refinancing, you will loan an amount that is of greater value than the current loan. Once you paid off the current mortgage that you have, you will be receiving a hefty check for the difference. The difference a.k.a “home equity” can be reinvested in renovations or other things.
By the way, there is a possibility that you would be able to get a good interest rate with this kind of refinancing, therefore saving you precious additional cash in time.
Call the team now at 780-634-8151.
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