Cash Out Refinance Script

How to Use This Script

This video is designed to attract people who own a home and want to learn about a cashout refinance. It's educational and is purely meant to attract the right people and grow your follower base, as you'll notice with the final line in the script.

Script

Homeowners! There’s a way to access your home’s equity without needing to sell it - check this out.

This is called cash-out refinancing.

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It's when you replace your current mortgage with a new one for more than you owe on your house.

The difference is given to you in cash.

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But how does it work?

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Let's say your home is valued at $300,000, and you owe $200,000 on your mortgage.

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With a cash-out refinance, you might get a new mortgage for $250,000.

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You'll still owe $200,000 on your house, but you get $50,000 in cash.

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Remember, this increases your mortgage amount, so make sure the new loan terms and interest rates work for your financial situation.

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Cash-out refinancing can be a great tool, but it’s important to use it wisely. Interested in learning more? Drop a follow for more real estate tips like this.

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