Home Buying Guide- What are Your Options When it Comes to Buying or Refinancing
![Refinance or Buy](https://www.cportcu.org/wp-content/uploads/2021/03/cPort-Blog-Post-Image-2-80.jpg)
With 2021 in full swing, mortgage rates continue to stay low. Have you been waiting for the right time to buy or refinance your home? Here is a little guide from cPort’s Lending Team about what options might make the best sense for you, based on what you’re looking to accomplish with your home.
Refinancing
- If there is enough equity in your property, refinancing might make the most sense.
- You can perform updates or additions to your home this spring with a cash-out refi.
- Refinance your first mortgage for a better rate and add a home equity line of credit all in one transaction.
Purchasing
With home buying at an all-time high, it is important to be prepared with a pre-approval and cPort can help with that process. After working with our Lending Team on a pre-approval, you will feel confident in making an offer in this competitive environment.
We have a variety of financing available. Whether you are looking to get into your first home, or for a second home as a local getaway to enjoy the outdoors, the options are endless.
If you are interested in earning some additional income, you may also want to explore purchasing a property as an investment.
Give us a call at 1-800-464-0253. Our dedicated Lending Team is eager to find the right loan that will meet your specific needs. We will help you every step of the way from pre-qualification through closing.