Tap into the cash equity in your home out refinance interest rates are on the rise.
1. Combine your first and second mortgage
Prevent an increase in your monthly payment when your second mortgage adjusts. Avoid monthly rate fluctuations by refinancing into a fixed rate
2. Start your home improvement projects
Tap into the equity of your home and get some cash out to help remodel your kitchen, bathroom, or backyard to further increase the value of your home and enjoy living in it!
3. Consolidate debt
Stop paying the credit card companies such high interest rates and start over by wiping the debt off.
4. Fund college or pay off student loans
The cost of college is continuing to rise! Many parents have opted to borrow from their home equity to cover college expenses for their children.
5. Make investments
Starting a new business? Want to buy a new investment property or other opportunity? Leverage debt to build your portfolio.
6. Switch to a Fixed Rate
If you have an adjustable rate mortgage, refinance into a fixed rate before the adjustment period starts!
7. Stop paying Mortgage Insurance
Don’t want to be stuck with mortgage insurance forever? See if you can refinance out of your FHA loan and reduce your monthly payment.
8. More spending money
I’m sure you have a million different ways that you can come up to leverage the equity in your home.
9. Lower monthly payment
If you haven’t refinanced in the last few years, answer a few basic questions and shop with over 100 lenders at once to see if you can save!
10. Rates are rising!
Refinance before they continue to rise and fix your rate
Why Work with Katy Care?
Local: I am available to meet in person
Fast Financing: Most transactions close in less than 30 days
Options: I have access to over 100 lenders
Qualified: I am licensed in the state of California DRE 01931834 NMLS 1085067
Customer Support: I have a team who provides a fast and transparent mortgage experience
The efficiency and professionalism surpassed our expectations on the timeliness of our loan. There was a personal progressive timeline that was constantly updated and made us feel confident that the loan had no glitches. Team Katy were very supportive and patient whenever we didn’t understand certain terminology. It was a very painless 30 days. Thank you again team Katy.
It took ONLY 17 business days to refinance my home from start to finish!!! Katy found several options within an hour and advised us on the pros and cons with each loan. My husband and I got all the requested information needed within 2-3 days for Katy and she worked on it right away. If you want someone who is very responsive and works hard for you, YOU NEED KATY!!! Not only is she willing to make sure everything is done correctly but will guide you through the entire process. She always updated me on the next step and when this task should be completed. With Katy, my husband and I knew we were in good hands and never once had anxiety about our refi. KATY is the BEST!!!!
Katy is really awesome. I was referred to her by a friend to help with my refinance. She is very professional and best of all extremely responsive. There were some hiccups in my application due to my last mortgage company and she provided quick solutions to finalize the refinance. A few weeks after closing she checked up on me to remind me to pay my first payment and to make sure I had all information moving forward. Two thumbs up for me.
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Your page mostly talks about refinancing, can you do preapprovals too?
YES! Our office can do purchase or refinances. Rates are rising so the opportunity to refinance may be closing so we’re trying to get the word out to move fast. However, we also do conventional, jumbo, VA and FHA purchases as well!
How much does it cost to do a loan?
There are your recurring costs (what you normally pay for your loan like mortgage interest, property tax and insurance) and there are non-recurring costs (one time fees like appraisal, credit report, title insurance, etc.). Your costs will be determined on which rate you choose from the lender. Some rate options give you enough credit to help cover all non-recurring closing costs while some do not. We will shop with over 100 lenders and provide you the best options for you to choose from.
How much do I pay you?
Almost all loans are lender-paid transactions which means the lender actually compensates our team, and not the borrower.
How long does the whole process take?
Typically, each transaction closes in 30 days or less. Sometimes, it may be as little as 15 days, depending on the lender and file.
I want to refinance but there is SO MUCH PAPERWORK!!! Do you allow e-signatures?
Yes! We have some lenders that operate all electronically where they accept all e-signatures. We do have an office in Santa Clara so clients are more than welcome to come visit. However, if you have a busy schedule, we can complete the transaction quickly all online as well.
What’s the difference between a Home Equity Line of Credit vs a Cash-out Refinance?
A HELOC (Home Equity Line of Credit) is like a credit card. Your amount is based on the amount of equity of your home. A HELOC is separate from your mortgage and you will sometimes have to make two monthly payments. A huge drawback is that the interest rate is adjustable.
A cash-out refinance allows the borrower to refinance their current mortgage for more than what they currently owe and then receive the extra funds. This type of refinance transaction will replace your current mortgage, but you will only have to make one monthly payment. You also have the option to get a Fixed Rate or an Adjustable Rate
Will you sell my information?
We will not sell or share any of the personal data that you provide. Our office does keep a copy of your personal and loan documents for three years after the closing date due to DRE regulations.
Who is Katy Care?
I’m a Millennial Mortgage Matchmaker! As a mortgage brokerwith access to over 100 lenders, I am your partner and advocate in helping you find the right loan. I have access to some of the big bank names that you know and some wholesale banks that you may not have heard of, providing thousands of different options while shopping for you at the same time.
I love using technology as a way to streamline the loan process, but am a firm believer of personal service throughout the entire transaction. Iuse technology platforms to price out loans for you within seconds, provide a secure online portal to upload documents and send out timely updates every step of the way. In addition, I’ll take the time to provide you the knowledge you need to make an informed decision and simplify the complicated loan process so you’ll be confident you’re getting the right loan.
On the personal side, I’m a Southern California native that moved to the Bay Area to obtain my undergraduate degree at UC Berkeley. I worked at a corporate job for less than a year and then became self-employed. I’ve learned a lot through my years of experience in running several businesses. I know that to be successful in any business, I have to always align my goals with my client’s – providing them the most value; consistent, reliable and excellent service;and have their best interest at heart at all times.
I absolutely love what I do, and the only thing that I love more is my family but my work and personal life are very interconnected. I have a husband, two young girls and two English mastiffs. They are my motivation and big WHY in life. They drive me to the best I can be at home and at work.
I hope that I have the opportunity to work with you and your family on financing your next home or refinancing your current mortgage. Contact me to start the conversation going on how I can help. I look forward to connecting with you!