Mortgage Sense

Cash-out refi vs home equity line of credit. What’s the difference?

     
Cash-out refi vs home equity line of credit. What’s the difference?

Whether you’re looking to remodel your home, consolidate your debt or pay an unforeseen expense — it’s only natural to consider tapping into your greatest source of wealth: The equity you’ve already invested in your home. For many, it’s a much safer option to get the cash you need than dipping into emergency savings.

There are several ways to access your home equity, but two of the most popular options are a home equity line of credit (aka HELOC) or a cash-out refinance.

Continue reading Cash-out refi vs home equity line of credit. What’s the difference? at Movement Mortgage Blog.

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Looking to change the home buying process for the better, the Humes Team is here for all of your mortgage needs. No loan is too big or too small. We believe one should treat others as expected to be treated. We pride ourselves in honesty paired with communication to deliver A1 service with great results.

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About Movement Mortgage

Movement has grown from a small team of 4 to over 4,000 employees with more than 500 locations across 46 states. Inc. Magazine recognized Movement Mortgage as the fastest-growing mortgage bank in the country.

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