Are you a homeowner with substantial equity? Do you need cash? What is a cash out refinance? We know that you have questions, and fortunately, Mr. Cooper has answers. The short answer is…
Tag: Mortgage Basics
There’s a lot of information out there about cash-out refinancing and leveraging your home’s equity to pay for things like student loans and credit card debt, but what is home equity?…
Refinancing your mortgage — taking out a new home loan to replace and pay off your old one — might sound like a daunting step. You probably have questions like, “Should I refinance?…
Buying your first home is an exciting time, fueled by pride for what you’ve accomplished and anticipation for what’s to come. But similarly to most new experiences, it can also be an…
Buying a new home is exhilarating and rewarding, but it can also be a little stressful. After all, you’re making a big financial decision that includes how much you borrow and from…
Need to file an insurance claim for damage to your home? Follow these steps to get started. 1. Contact your homeowner’s insurance provider. Report the damage, determine your…
Have you ever wondered who regulates mortgage companies? Does anyone make sure they are following all the rules and treating customers fairly? The answer is yes. The federal government…
In recent years, cash-out refinances have become more popular with homeowners looking to tap into the rising value of their homes in the form of cash. Homeowners can use the cash…