1. Not all mortgage interest is tax deductible. The Money Source Inc. does not render tax advice. Individual circumstances are unique and we recommend that you consult with a qualified tax advisor for your specific needs.
2. 30-year fixed rate mortgage interest rate as of 12/19/2018. https://www.bankrate.com/finance/mortgages/current-interest-rates.aspx
3. Average cash back credit card rate as of December 2018. https://www.valuepenguin.com/average-credit-card-interest-rates
By refinancing your existing loan, your total finance charge may be higher over the life of the loan. Loans with cash out or other specific circumstances may require an appraisal. Cash out available is dependent on specific loan scenario, appraised home value, available home equity, and may include other qualifications related to the completed loan application.
PLEASE NOTE: You have not been prequalified or preapproved for any product or service by The Money Source Inc. This is not a commitment to lend.
Arizona Mortgage Banker License #0934427; Licensed by the California Department of Business Oversight under (1) California Finance Lenders Law License #60DBO52992, and (2) California Residential Mortgage Lending Act License #4131177; Colorado Regulated by the Division of Real Estate NMLS #6289; Delaware Office of the State Bank Commissioner, License #012734; Georgia Residential Mortgage Licensee, License #23709; Massachusetts Mortgage Lender License #ML6289; Licensed Mortgage Banker - NYS Department of Financial Services License #B500814; Oregon Mortgage Lending License #ML-5211; Rhode Island Licensed Lender License #20092581LL; Texas Department of Savings & Mortgage Lending Mortgage Banker Registration NMLS #6289. TX Location: 5001 Spring Valley Road, Suite 800-W, Dallas, TX 75244.