101 Best Lenders

     Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $100,000 and the borrower's outstanding mortgage loan is $60,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $80,000 (80% of $100,000). The new mortgage of $80,000 will pay off the $60,000 loan and leave $20,000 cash-out to the borrowers. It is possible for the Loan-to-value to be 100%.

What are the Cash Out Benefits?

     By cashing out on your home, you can obtain cash on the value of your own home to pay off debts or upcoming expenses. The refinance transaction can also provide you with a better mortgage loan interest rate that will save on your monthly mortgage payments during the loan. And it's tax-deductible.

How can we help?

     If you are looking for this type of refinancing, 101 Best Lenders.com can find a program suited to your financial needs. We offer cash-out programs for Owner-occupied homes, Non-owner occupied homes, and No income verification with low, affordable rates.

Call us now or fill out the short and simple appliation below with the specifics of your situation and start saving NOW!

#1 for all the Rate Reasons!

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101 Best Lenders

    "I saved over $900 per month on my mortgage when I refinanced with 101BestLenders.com."
Thank You,  Luis B. Phoenix, AZ"

    "I went to my local bank and they said I couldn't qualify for my dream home, after I declared bankruptcy due to medical problems. I was going to give up on owning a home. Then I applied at 101BestLenders.com and one of your loan specialists called me and told me they knew how to get my loan financed. Not only did they get my loan financed - I got a great rate! Thank you so much!  Kelly T. Scottsdale. AZ"

"101BestLenders.com really knew how to make refinancing my home a pleasant experience. It was a pleasure doing business with you! You refinance my home in less then 21 days. Thank you! Dr. B. - Paradise Valley, AZ Resident."

"Your loan specialists delivered the rate you quoted me upon our initial application and the Fees were exacty the same when I went to close the loan. I will refer you to all my associates. Thank You! Tom T. Scottsdale."

"I was referred to 101BestLenders.com from my Real Estate Agent. We had some credit issues you had to deal with, to make my loan work. We sincerely appreciate the work you did to make our dream come true. Lisa. P. Chandler."