Loan Program
Refinance & Cash-Out Refinance
Two different goals, two different math problems.
Overview
What this program is for.
A rate-and-term refinance is about the monthly payment and the total interest you will pay. A cash-out refinance is about converting equity into usable capital for renovations, debt payoff or another purchase. They deserve separate analysis, and Andrew runs both numbers before recommending either.
Use the payment calculator to model a new payment, then send it over and Andrew will price it against what is actually available today.
Highlights
Refinance & Cash-Out at a glance.
Rate and term
Lower your monthly payment or shorten the term.
Cash-out
Access built-up equity for renovation, debt payoff or other goals.
Break-even math
See how long it takes for a refinance to pay for itself.
No pressure
If the numbers do not work, Andrew will tell you that.
How It Runs
The same four steps, every file.
01 — Pre-Approval
A loan pre-approval sets you up for a smooth home buying experience, and tells you exactly what you are working with before you start shopping.
02 — Loan Application
A few documents are needed to get your loan file through underwriting. Andrew tells you precisely which ones, once.
03 — Underwriting
Andrew’s team closely evaluates all the documentation in the loan package and clears conditions as they come.
04 — Closing
Documents are drawn and sent to the title company for closing.
Also Consider
Related programs.
VA Loans
Flexible options for eligible veterans and service members, as fixed-rate or ARM mortgages.
Learn more →
