Repayment fund try a kind of financing that enables one to borrow against the value of your property. Both most commonly known types of repayment financing are cash-away re-finance and you may family guarantee financing. Thus, what type is the best? The answer utilizes your debts and you can needs. Cash-away re-finance money give straight down loans in Denver interest levels and you can monthly payments than just family equity money, even so they require that you possess good credit and you will a constant money. Continue reading « Home collateral financing compared to cash out re-finance »