The Client
International school mathematics teacher purchased a home in 2019 with a high-interest rate. Since she had long term tenants and the rent was covering the mortgage, she hadn’t thought about refinancing until one of her colleagues mentioned lowering their mortgage rate using Global Mortgage Group.
How We Helped
Although we gave her a very detailed report on the various options, including releasing up to $68,000 in cash out of her property, her priority was to get the lowest rate possible and maximize the rental yield.
Loan Details
| Nationality | Property Value | Loan Amount | LTV | Rate |
| U.S. Citizen | $313,000 | $181,540 | 58% | 3.35% |
| Term | State | Property Type | Purpose | Loan Type |
| 30 year fixed | Tampa, Florida | Single-Family Residence (SFR) | Refinance | Residential |
| Nationality | U.S. Citizen |
| Property Value | $313,000 |
| Loan Amount | $181,540 |
| LTV | 58% |
| Rate | 3.35% |
| Term | 30-year fixed |
| State | Tampa, Florida |
| Property Type | Single Family Residence |
| Purpose | Refinance |
| Loan Type | Residential |
- Unlocked in Malaysia: Introducing Malaysian Bridging Loans to Unlock the Equity in Malaysian Real Estate
- Australia’s Cash Rate Hits a 15-Year High: How to Unlock AUD 2M of Equity Without Refinancing Your AUD 5M Bank Loan
- 59% of Singapore’s Wealthy Have a Cash Problem. Here’s How to Fix It Without Selling
- Global Property Bridging Loans: Asset-Based Cash-Out, Faster Than a Conventional Bank Refinance
- Asset-Rich, Cash-Poor in Singapore? How a Cash-Out Bridging Loan Unlocks Your Property Equity — Fast
