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EP170: How Does a Cash-Out Refi Work and is it Right for Me?

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Manage episode 298762147 series 1061386
内容由Chris Peach提供。所有播客内容(包括剧集、图形和播客描述)均由 Chris Peach 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

On the show today I am breaking down the Cash-Out Refinance strategy.

Many people are noticing a high uptick in the value of their homes, and with this uptick in value comes an increase in home equity.

So what can you do with the equity in your home, how does it work, and what are the risks?

In this episode I am going to break down:

  • How to calculate your home's equity
  • How much of the equity you can actually tap into
  • The process of of a cash-out refinance
  • Reasons for going with a cash-out refi
  • The risks the banks forge to tell you about

**

Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review!

**

Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.

If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session170

  continue reading

173集单集

Artwork
icon分享
 
Manage episode 298762147 series 1061386
内容由Chris Peach提供。所有播客内容(包括剧集、图形和播客描述)均由 Chris Peach 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

On the show today I am breaking down the Cash-Out Refinance strategy.

Many people are noticing a high uptick in the value of their homes, and with this uptick in value comes an increase in home equity.

So what can you do with the equity in your home, how does it work, and what are the risks?

In this episode I am going to break down:

  • How to calculate your home's equity
  • How much of the equity you can actually tap into
  • The process of of a cash-out refinance
  • Reasons for going with a cash-out refi
  • The risks the banks forge to tell you about

**

Thanks so much for listening to the show and if you feel the content of this podcast was helpful, please subscribe and leave a review!

**

Today's show was brought to you by OneAZ Credit Union — my very own credit union I have been proud a member of since 2011.

If you live in Arizona and are looking for a large credit union with a local, customer-focused feel for your personal or business banking needs, look no further than OneAZ Credit Union.

All the show notes, links and anything I mentioned can be found at https://www.moneypeach.com/session170

  continue reading

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