Cash-out Refinancing. That’s the Difference.
Wouldn’t it be nice to be able to pay off your high interest debt while saving thousands every year? It’s possible. Sacramento region homeowners like you, average about 40% equity in their home. That’s equity you can use to achieve your financial goals. A cash-out refinance taps into that equity for cash with a larger loan at low interest rates. Often decreasing your monthly output. Unlike a second mortgage, a cash-out refi doesn’t add another bill to your list of monthly payments – in fact, with historically low interest rates, it often decreases your monthly payments and saves consumers like you thousands annually. Now, that’s what we call a win/win!
Today’s Mortgage Rate: 2.875% Rate/APR | No Closing Costs
Catalyst beats other lenders on rates and fees 9 times out of 10. If you are in the process of exploring options, or need a second opinion, please fill out this form or give us a call at 916.713.5037.
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This is not a commitment to lend. Rates & terms are subject to change based on market conditions and borrower’s eligibility. All approvals are subject to underwriting guidelines, including but not limited to, acceptable credit history, income verification, assets and appraisal. Rate/APR is based on 60% loan to value; $500,000 loan amount, single family residence, owner occupied, 760 credit score, rate and term refinance. Factors such as a recent foreclosure, short sale or bankruptcy may affect your ability to obtain a loan under our underwriting guidelines. By calling Catalyst Mortgage you consent to us contact you via phone, e-mail, text message to discuss mortgage options available for your specific scenario.
Loans made or arranged pursuant to a California Financing Law license, #60DBO46307. Call 1-877-268-8194 for additional cost information.