Can You Refinance a Mobile Home?

October 30, 2024 by HEM Editor

Refinancing a mobile home can offer numerous benefits, such as reducing your interest rate, lowering monthly payments, or accessing cash through a cash-out refinance. However, the process and eligibility criteria can differ from refinancing a traditional home mortgage. Here’s what you need to know about refinancing mobile homes and the types of loans available. Eligibility … Read more

How to Choose the Right Refinance Mortgage Rate Type and Term

September 20, 2024 by HEM Editor

The Federal Reserve finally slashed key rates by half a point, making mortgage refinancing more attractive, but what type of refinance loan is right for me? The HomeEquityMart will explore the popular home refinance programs that are available in the market place today. What Mortgage Refinance Term is Best for Me? When considering home refinancing … Read more

Can I Pull Equity Out of My Home without Refinancing?

June 15, 2024May 9, 2024 by Drake Miller

When rates trend upward, people look to cash out with home equity programs. Many consumers already have a great fixed-rate on their 1st mortgage so cash-out refinancing might not be the wisest choice. In such cases, alternatives like a home equity line of credit or a home equity loan can be considered. These second mortgage … Read more