Who it may fit
Homeowners with available equity who want to compare a new mortgage with other ways to fund a goal.
What to know
- A new, larger mortgage pays off your current mortgage.
- Eligible proceeds may help fund improvements or other needs.
- Compare with a HELOC before changing your existing first mortgage.
Let’s look at the details.
The new loan changes the terms on the full mortgage balance. Closing costs, equity requirements, and the risk of borrowing against your home deserve a careful review.
We can start with a conversation about your goals and the property. I’ll explain the next steps and what to provide through the secure CCM application.
Explore this topic at CrossCountry Mortgage
All loans subject to underwriting approval. Certain restrictions apply. Call for details. This is not a commitment to lend.