A 30 year option can help you get cash back for projects or paying off debt while keeping your monthly payment low.
Tap into your equity with a 20 year cash out refinance loan - a happy medium between the longer 30 year term and the 15 year option.
Choose a 15 year cash out if you're looking to pay off the loan in a shorter amount of time and you can handle the monthly payment.
Unlock your money to use on debt consolidation or emergencies
Choose from many loan terms tailored to meet your needs
Use excess cash to work on home improvement projects
We've made the refinance experience painless with super fast technology and expert guidance along the way. It's home lending, the modern way.
Refinancing starts with completing a fast and digital mortgage application. This will help determine the best refinance option to achieve your goals.
Select the program that best suits you and lock in your rate. Your loan portal will be created where you can begin updating all the necessary documents and information.
Get notifications online or on the go. We'll keep you updated throughout your refinance, keeping you on track and on pace to get your cash or lower your rate.
A modern mortgage doesn't close at the attorney's office. Close when and how you want with our virtual closing, saving you valuable time and money.
Refinancing starts with completing a fast and digital mortgage application. This will help determine the best refinance option to achieve your goals.
Select the program that best suits you and lock in your rate. Your loan portal will be created where you can begin updating all the necessary documents and information.
Get notifications online or on the go. We'll keep you updated throughout your refinance, keeping you on track and on pace to get your cash or lower your rate.
A modern mortgage doesn't close at the attorney's office. Close when and how you want with our virtual closing, saving you valuable time and money.
If you’re in the refinance season of homeownership and want to take advantage of your home’s equity for emergencies, home renovations or college tuition payments, Wyndham Capital Mortgage’s cash-out refinance may be your golden ticket.
A cash-out refinance allows homeowners to refinance their home (paying off their original mortgage loan) and collect their home’s equity in the form of cold, hard cash. Often, borrowers choose cash-out refinancing to consolidate debts, pay for their child’s college tuition, buy a new car, or finally make those costly home improvements.
Cash-out refinancing helps borrowers get into a new mortgage loan with a better interest rate or lower term depending on their near or long-term future financial goals. For instance, a 30-year term cash-out refinance puts cash in your hand while keeping your monthly mortgage payment low. A 20-year term cash-out refinance is the happy medium option, still putting money in your pocket while offering a shorter loan term than a 30-year term. For aggressive borrowers or those looking to crack down on their retirement plan, 15-year term cash-out refinance means you’ll be paying the loan off in half the time of a 30-year mortgage loan and at a higher monthly payment amount while pocketing your home’s equity.
Cash-out refinance rates vary based on the type of refinance term you choose. Traditionally, 30-year mortgage and refinance rates will have a higher interest rate than 20 and 15-year term options. Refinance rates will also depend on the borrowers’ financials like credit score and income. Speak with a Wyndham Capital Mortgage expert loan officer to discuss refinancing options and see if a cash-out refinance is right for you.
For two decades, Wyndham Capital Mortgage (WCM) has positioned itself as a leading mortgage lender. And over the past several years, we’ve led the revolution of incorporating financial technology (or FinTech) into the mortgage lending process. An end-to-end digital process - from loan application to close - is what the modern consumer wants, and so we deliver.
Read MoreAs a homeowner watching the current refinance rates hit record lows, it’s natural to wonder, “Should I refinance my home mortgage in 2021?” Whether you want to lower your monthly payment, expand the kitchen or build a rental-worthy apartment above the garage, refinancing your home in 2021 may be the best option. There are a variety of factors to consider when deciding whether or not to refinance your home.
Read More4064 Colony Road Morrocroft 2, Floor 2
Charlotte, NC 28211
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1 -888-923-9911