With the spread of COVID-19, we’ve seemed to enter uncharted territory globally. During these times, we aim to be a helpful voice and resource to our foreign national clients who own real estate property in the US. Today we will cover why we believe it is the right time to get a cash out home equity loan.
But first, for those of you who don’t know much about us yet… Hello! We’re We helpinternational clients and non-permanent residents secure home loans, refinance and cash out home equity on their US properties quickly and efficiently.
You probably wonder how are we different from other lenders out there? It’s simple: . Our platform is fully digital, no actual bank visit is required. During times like this, a complete, remote online process is exactly what the doctor prescribed, no pun intended.
But why refinance or cash out now? Historic low interest rates!
Paying lower interest rates will save you money in the long run, plain and simple. When interest rates are lower, like they are right now, pulling cash out of your home is almost always a good idea. Many people pull cash out to invest in other assets or to just become more liquid.
And here’s the truth – when a global pandemic is sweeping the world, we will go as far as to say that utilizing a cash out home equity loan is not only necessary, but smart. To take a cash out home equity loan at lower interest rates is a power-move and will result in both money-saving and money-earning.
Besides, having cash on hand can ease a lot of concerns. It acts as a safety net in the event that the economy worsens. Liquid cash is definitely essential in situations like these and it also
- Reinvesting in a second property.
- Renovating and applying needle moving upgrades to your property, which will appreciate it.
- Paying high interest debts with debt consolidation.
- Paying student debt or finally paying tuition with a low interest rate.
There’s never been a better time to take advantage of the equity in your house. By utilizing our online platform, you will be able to instantly know if you qualify and what your rate can be. We aim to underwrite, close, and distribute your cash within 21 days.
We care. Have a look at the options we have for you.
Being mindful of your financial health is extremely important to us. Milo cares, and we want to help you emerge triumphant during this uncertain time. We’ll get through this together.