Refinancing your home means paying off your existing mortgage and replacing it with another mortgage. Some reasons you may choose to refinance are to lower your current payment, change the terms of your loan, lower your interest rate, or to borrow against the equity in your home to get cash out.
If your mortgage is with Community Resource Bank, or with another lender, our refinancing options may enable you to lower your current interest rate, change the term of your loan and possibly include mortgage closing costs in your new loan.
Community Resource Bank offers two types of cash-out refinance loans:
Find out more by going to How Do I Get Started?