Did you know that you can access the equity in your home for extra cash? When you pay down your mortgage, you build equity over time. Cash-out refinancing allows you to tap into that accumulated equity without waiting for the final payoff or sale of your property. Hosted by Michigan First Mortgage's Chief Mortgage Lending Officer Dan Sugg, this half-hour seminar will help you understand what a cash-out refinance is, and how you can take advantage of it. Join our panel of industry experts as they provide valuable insights to guide you through your mortgage journey and answer your questions.
Topics of discussion may include, but are not limited to:
- What is cash-out refinancing?
- Pros and cons of cash-out refinancing
- Short-term debt strategies
- Long-term debt strategies
- Risk management