Some people use cash - out refinancing in order to
secure a lower interest rate through a process called limited cash - out.
Not exact matches
Through this program, homeowners who might not otherwise qualify for a mortgage refinance due to equity losses or other factors can refinance their homes and
secure a
lower interest rate.
If you qualify
through HARP, you will be rewarded with significant savings by a
lower monthly payment, a reduced
interest rate, a
secured fixed -
rate mortgage, and your home equity will begin to build!
Available
through regular banks, specialized financial institutions and online lenders, a
secured personal loan is one in which the borrower offers collateral to the lender in exchange for a loan at a
lowered interest rate.
Many buyers expect to purchase the car and
secure financing
through the dealership in one fell swoop, but that may not be the ideal way to get the
lowest car loan
interest rates possible.
Securing a
lower interest rate which reduces the amount of money paid on the loan in the long term (note: this can only be done
through private student loan refinancing or consolidation, not
through the federal government).
Over the life of a loan, a high
interest rate on a home equity loan, student loan or car loan can cost you thousands of dollars in
interest fees, which could have been lessened with a
low -
interest rate loan.If your credit score is
low, it is important for you to improve your score in order to help
secure your financial independence
through sound financial planning.