Which is better in 2022, a HELOC or a VA cash-out refinance?

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  • Опубліковано 28 жов 2024

КОМЕНТАРІ • 8

  • @kr1sant
    @kr1sant Рік тому +1

    Man my home has a balance of 95k and is worth 379k. My interest rate is 0.851. I am so nervous about taking out money with an interest rate at zero percent.

    • @lowvarates
      @lowvarates  Рік тому

      You definitely will not get anywhere near that interest rate now, but if you think lowering your debt with higher interest rates may help you, give us a call. We never want to put anyone in a situation that is not ideal, so let's talk about your options. (844) 326-3305.

  • @ez4242
    @ez4242 Рік тому

    I have a VA loan with an excellent APR at 2.25%. Can I get cash out refinance and keep the same APR?

    • @lowvarates
      @lowvarates  Рік тому

      No sorry you can’t keep that rate you’d need to take current rates. However, when rates come back down, you can refinance and go for a lower rate at that time after accomplishing. Whatever it is you need to cash out for.

  • @kr1sant
    @kr1sant Рік тому

    Can you do a heloc on a va home loan?

    • @lowvarates
      @lowvarates  Рік тому

      There is no such thing as an official VA home equity loan, but you can borrow against your home equity to free up cash. This would be a cash out loan. Give us a call and let's go over your options!

  • @jegmusic08
    @jegmusic08 Рік тому

    What M F Home dealer takes VA?

    • @lowvarates
      @lowvarates  Рік тому

      Most do as long as financing is approved