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Prosperity Home Mortgage is the regional partner for Houlihan Lawrence. Click here to learn more.
Not Available in NY. *We are working on our NY license. We look forward to servicing our NY customers in the future.



What can you do with your home equity?

Homeowners often refinance an existing mortgage to obtain a lower interest rate, but there's more to refinancing than just lowering your rate. 

Here are a few possible benefits of refinancing1

•    Switch to a fixed rate loan — Change from an adjustable rate mortgage (ARM) to a predictable fixed rate mortgage.
•    Reduce your loan's term — Shorten the term of your loan to pay off your loan more quickly.
•    Cash out — Use equity in your home to take cash out for home improvement projects.
•    Remove mortgage insurance — A new loan program may not require monthly mortgage insurance.

Interested in a cash out refinance2? You can access your home equity to: 

  • Finance home improvements to increase the value of your home
  • Help cover the cost of education
  • Consolidate or pay off other debt
  • Take a once in a lifetime vacation
  • Buy a second home or investment property


Ready to Refinance? ‚Äč   

Not ready yet or have additional questions? Talk to a local Mortgage Consultant.


1. By refinancing an existing loan, your total finance charges may be higher over the life of the loan.
2. Prosperity Home Mortgage, LLC is not a financial advisor and cannot and is not offering financial advice. Please consult a financial advisor or certified public accountant to determine what the tax implications of refinancing real estate may be.

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