A Cash Out Refinance Can Help This Holiday Season

A Cash-Out Refinance is a mortgage program where you refinance your home loan for more than you owe, while pocketing the difference.  It’s a way to pay off debts, do home improvements, or enhance your bank account.  There are many ways that a Cash Out Refinance can help this holiday season.

Pay For Your Gifts

For example, you can use a Cash Out Refinance to pay for Christmas presents.  Many families save all year to pay for Christmas.  Some put all of the holiday bills on their credit cards.  These are both workable ways to do it, but a Cash Out Refinance saves you money at the same time, by lowering your interest rate and your monthly payment, while letting you pay for everything at the low rate your house payment is at, rather than the crazy high rates that credit card companies charge.

Skip Some Payments

You also get to skip a couple of months of payments.  That’s right, The Home Loan Expert, Ryan Kelley, lets you take a couple of months of payments off after a refinance.  You can take that time to recover from spending so much on holiday bills, or you can save up towards next year, or anything.  It’s your free months without payments.  Use them how you want!

Save All Year

With a lower rate and lower monthly payments on your mortgage, you can save all year ‘round on your home loan, and be set for the holiday every year.

There isn’t a lot of time left before Christmas to apply, and make sure that you cash in on these low rates to save thousands of dollars over the course of your mortgage.  Lock in your rate now before the low rates disappear.

Get Started

If a Cash Out Refinance sounds like it can help you this holiday season, call us in St. Louis at (314) 781-9700, Chicago at (773) 770-4727, Indianapolis at (317) 550-1515 and Nashville at (615) 810-8555.  You can always apply online at www.thehomeloanexpert.com, and we’re also open on Saturdays to better serve you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?

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