The nitty gritty! Here’s what you need to know.
While refinancing can earn you up to $5k in cash back, be mindful! Refinancing with large cashback offers may also hit you with a slightly higher interest rate.
Refinancing Multiple Properties:
If you have multiple properties, consider taking advantage of refinancing them all at once, and receiving cashback from multiple lenders!
Be cautious here – Honeymoon rates are when a desirable rate (Often lower than other lenders) is on offer, but this is generally only applicable for the first two years aka your Honeymoon phase. After which – the revert rate skyrockets.