Paying down your mortgage increases your equity. With a cash-out refinance in Florida, you can turn that equity into cash to meet your financial needs. Explore your options and potential interest rates today.
In Florida, a cash-out refinance allows homeowners to replace their current mortgage with a larger loan, withdrawing the difference as cash. This option is perfect for taking advantage of rising property values in markets like Miami, Tampa, and Orlando to achieve financial flexibility.
Disclaimer: Advertised rates and fees depend on borrower qualifications and market fluctuations.
Access Home Equity:
Boost Property Value:
Single Payment Simplicity:
Flexible Loan Terms:
At Simply Approved Mortgages, we operate with a 1.5% fee, significantly below the industry standard. This ensures more savings for borrowers without compromising service quality.
Disclaimer: Simply Approved Mortgages complies with all state and federal licensing requirements that we are licensed in.
Home Appraisal:
Loan Calculation:
Receive Cash:
Refinancing eligibility depends on the type of loan program you choose. Each program has specific minimum credit score and debt-to-income (DTI) requirements. Here’s a breakdown:
Gather Documentation:
Evaluate Your Goals:
Check Your Eligibility:
Apply for Refinancing:
Lock Your Rate:
Close Your Loan:
Home Renovations:
Debt Consolidation:
Major Life Events:
Emergency Funds:
At Simply Approved Mortgages, we offer a wide range of mortgage products tailored to meet your needs:
👉 Explore these options today and find the perfect mortgage solution for your needs!
With our industry-leading 1.5% fee, compared to the standard 2.75%, we save you thousands while offering competitive rates tailored to your needs. Learn More.
Our team of seasoned professionals is dedicated to simplifying the mortgage process, providing personalized solutions, and ensuring you feel confident every step of the way.
We prioritize honesty and clarity. From disclosing every detail upfront to ensuring no hidden surprises, we build trust through our commitment to your financial success.
Most lenders allow you to borrow up to 80% of your home’s appraised value, minus your current mortgage balance.
Yes, since you’re borrowing more, your monthly payment may increase, depending on your interest rate and loan term.
It depends on your goals. A cash-out refinance replaces your existing mortgage, while a home equity loan adds a second loan.
Yes, closing costs typically range from 2%-6% of the loan amount.
Take control of your home-Take the guesswork out of your home-buying journey. Use our Mortgage Calculator to estimate your monthly payments and make informed financial decisions.
Start Now:
Simply input your details and see how much equity you could access today. If you have questions or need assistance, our team is here to guide you every step of the way.
Get a free credit score check to understand where you are and how to move forward.
Small changes in your credit score can lead to significant savings on your mortgage.
Stay on top of your credit health with credit monitoring, so you can catch issues early and maintain a strong score.
Discover how your credit score affects your mortgage options and rates. Plus, get personalized offers through our partner services to help you find the best loan for your financial situation.
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Remember that a good credit score can lower your interest rate on your mortgage.
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
Reduce your monthly payment or loan term while unlocking the full potential of your home’s equity!
Unlocking the American Dream, One Home at a Time
NMLS# 2620881 | NMLS Consumer Access Record