Unlock Your Home's Equity
Get Cash for What Matters Most!
Home RenovationDebt ConsolidationPay off Credit Cards
Cash-Out Refinancing
Convert Home Equity into CASH
Unlock the equity in your home with cash-out refinancing from United Direct Lending. Whether you’re planning a home renovation, consolidating debt, or funding a major expense, our cash-out refinancing options provide a flexible solution to access the equity you’ve built. Take advantage of competitive rates and personalized guidance from our experienced team to make the most of your home’s value. Start achieving your financial goals today with United Direct Lending’s trusted cash-out refinancing services.
- A cash-out refinance lets you replace your current mortgage with a new, larger loan.
- This new loan pays off your original mortgage and provides you with extra cash that you can use for any purpose.
- The extra cash comes from the equity you’ve built up in your home.
Cash-Out Benefits
HomeReady® First
-Up to $5500 DPA Grant*
-$500 Appraisal Credit
-$500 Home Warranty Credit
– BasedÂ
* First Time Homebuyer Only
Forgivable/ Repayable
-Up to 5% of purchase price
-No income of first time homebuyer restrictions
-Repayable 10 year option can have 10, 20, 30 year amortization
-Forgivable 5 year option has ZERO interest and NO payments
-Interest rate buy downs allowed
0% Down Purchase
-Up to 3% (max $15,000)
* First Time Homebuyer Only
FHA Grant
-FHA Only
– 100% Forgivable grant 2% or 3.5%
– May be combined with 6% seller concessions
– No resale Restrictions
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Access to Large Sums
Unlock the home equity you already have to get the money you need.
Lower Interest Rate
Benefit from potentially lower interest rates compared to credit cards and personal loans.
Possible Tax Deductions
Deduct the interest paid on the cash-out amount used for eligible home improvements.
Predictable-Payments
Enjoy consistent monthly payments with a new fixed-rate loan, unlike variable-rate HELOCs.
Potential to Boost Your Credit Score
Improve your credit score by consolidating higher-interest debt.
Flexible Use of Funds
Use the extra cash for any purpose, such as home renovations, education expenses, or major purchases.
Streamlined Debt Management
Simplify your finances by consolidating multiple debts into a single monthly payment.
No New Loans
Avoid taking on additional loans by leveraging the equity in your existing home.
Potential to Increase Home Value
Invest in home improvements that can increase your property’s market value.
Unlock the home equity you already have to get the money you need.
Benefit from potentially lower interest rates compared to credit cards and personal loans.
Deduct the interest paid on the cash-out amount used for eligible home improvements.
Enjoy consistent monthly payments with a new fixed-rate loan, unlike variable-rate HELOCs.
Improve your credit score by consolidating higher-interest debt.
Use the extra cash for any purpose, such as home renovations, education expenses, or major purchases.
Simplify your finances by consolidating multiple debts into a single monthly payment.
Avoid taking on additional loans by leveraging the equity in your existing home.
Invest in home improvements that can increase your property’s market value.
Take advantage of historically low mortgage rates to secure better terms for your loan.
Lock in Low Rates:Â Take advantage of historically low mortgage rates to secuyre better terms for your loan.
What Our Clients Say About Us
About Us
We are committed to offering qualified borrowers the lowest mortgage rate and the best, most reliable customer service. Our mission is to serve our customers with honesty, integrity, and competence while providing them with home mortgage loans with the lowest interest rates and closing costs possible.
Company NMLS: 1749719
State Licensing: FL, TX, CA, NJ, VA
Equal Housing Opportunity
