J.G. Wentworth Cash Out Refinance Review
ConsumersAdvocate.org Rating: 9.3 / 10 (Excellent)
Founded in 1991, J.G. Wentworth originated as a go-to resource for people wishing to access their future cash. Starting with future payment streams like structured settlements, the company has since grown into a financial powerhouse that provides mortgage refinance and new home loans at low rates.
One mortgage refinance options J.G. Wentworth offers is a cash-out mortgage refinance. This is basically a normal refinance but one in which you take a portion of your home’s equity and convert it to cash. This amount is then bundled into the refinance loan. Customers usually refinance to take advantage of lower interest rates to get lower monthly payments. J.G. Wentworth offers highly competitive interest rates in the marketplace with no points or hidden fees. The application process is fast and hassle free. To obtain a quote in minutes you will need to provide the following:
- Phone number
- Loan Term
- Estimated Home Value
- Estimated Loan Amount
Mortgage Refinance Types
People use cash-out refinances with J.G. Wentworth for a variety of reasons. In addition to using the lower rates to get lower monthly payments, or to adjust the term of the loan to pay off their home faster, customers also can use the cash for making home improvements, lowering other debt or consolidating credit card debt, paying medical bills and unexpected expenses, etc. The following are some of the refinance options available with J.G. Wentworth:
Fixed Rate Mortgage
15-year fixed rate mortgage
20-year fixed rate mortgage
30-year fixed rate mortgage
Adjustable Rate Mortgage
Other mortgage loans offered by J.G. Wentworth
Harp Refinance Loans
In order to qualify for a cash-out mortgage refinance, J.G. Wentworth takes several things into consideration including employment status, yearly income, credit score/history, and amount and term of loan. The company has loan officers who can help consumers assess their goals and needs, as well as provide options that fit both parties.
J.G. Wentworth provides highly competitive rates on mortgage refinance loans.
Cash Out Mortgage Refinance at J.G. Wentworth
J.G. Wentworth is a great choice for cash out mortgage refinance because of competitive rates and the company’s excellent reputation. What’s more, J.G. Wentworth offers an easy application process, low origination fees, and award winning customer service. All in all a top choice if you are in the market for a cash-out refinance.
J.G. Wentworth Home Lending is an Equal Housing Lender. NMLS # 2925. J.G. Wentworth does not provide legal, tax or investment advice. Please visit their website for more information on State Licenses and Disclosures.