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With Interest Rates hovering on the lower side of the past couple decades, and slowly starting to creep north, people are still rushing to their mortgage lender to take advantage of their refinance options.  Although there are several, many people are taking advantage of the Cash-Out Refinance options that may be available.  Whether to make improvements in their home, pay off debt, or maybe use the equity in their home to purchase vacant land to use to build a future home or for recreation, there could be a benefit of using the equity in your home towards a financial need.

Check out this article about Cash-Out Refinancing from Zillow.com to get a better understanding of What a Cash-Out Refinance is, and contact us to find out if it is something that could be beneficial for your mortgage situation!

 

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