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Home | Up | No Cost Refinance | Home Equity Loan | Rate & Term Loan | Debt Consolidation | Cash Out Refinance |
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Mexican Financing: House as Down Payment, Cash
Out Refinance |
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A cash out
refinance is defined as anytime you refinance
your home and take out more than 1% of the
balance after all costs and pre-paid amounts have been
accounted. One of the best uses of a cash
out refinance is to pay off higher rate loans by
consolidating debt. Cash out refinances have
other great uses such as funding your remodeling
project or addition, college and, our favorite,
allowing you to not tie up your invested assets
in the down payment on a second home or
investment property. If you are thinking of
purchasing a second home or investment property
in the US or a second home in Mexico, we
encourage you to call Marquest today. We
would be happy to thoroughly explain your
financing options by giving you BOTH the
positive and negative aspects of utilizing your
property as collateral for the down payment. |
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© 2005 Marquest Financial, Inc., 3800 American Blvd. West, Suite 1400, Bloomington, MN 55431
phone: 952-857-2500, fax: 952-857-2501, toll-free: 800-281-5658
apply@marquestfin.com |