So, are your borrowers interested in borrowing against their home’s available equity, and considering HELOC vs. cash-out refinance? If so, they have choices. Also, share some options with them, like the difference between cash-out refinancing or a home equity line of credit (HELOC).
Free, Shareable Resources For Borrowers
So, teach them about their different options for refinancing. After all, you serve as their trusted advisor! So, encourage them to ask questions and learn more about the mortgage process. Â
Keep in mind, happy clients will want to share their great experience with you with friends and family. So, use these tips to support your clients who are ready to buy a home. Plus, earn more referrals in the process.Â
The Mortgage Update is a free, shareable resource that you can send to customers.
Make sure your borrowers know that they are not alone when considering HELOC vs. cash-out refinance. So, share this borrower-friendly blog post with them. Also, consider posting this on social media to interact in a more personal way and start a conversation with your prospective customers.
Read the Article on HELOC vs. Cash-Out Refinance Now:
Bottom Line
Determining whether a HELOC vs. cash-out refinance is the right choice differs for every individual. So, help your clients compare HELOC vs. cash-out refinance. Also, this is necessary to decide the right choice for them and their family.Â
