Interested in tapping your home for cash? Well you aren’t alone.
Realtor.com says rising home prices are piquing borrowers’ interests in the idea. One of the products that allows borrowers to spend the windfall of home ownership is cash-out mortgage refinances, and they are once again becoming popular. The growing confidence shows homeowners have money to spend, which could naturally be a benefit to the U.S. economy.
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This is certainly true in Dallas-Fort Worth. At First United we have seen an uptick in cash-out mortgage refinances. We’d love to talk with you if you’re interested in one!
Give us a call for a free consultation: 972-369-6913.