Boost Your Borrowing Power Through Refinancing
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Refinancing is a powerful tool to increase your borrowing power and achieve your financial goals. In this episode, we delve into the key reasons for refinancing: resetting the loan term, consolidating debt, accessing equity for investment properties, and paying off the home loan faster. Cang shares practical insights on how borrowers can increase their borrowing amount and reduce interest payments through refinancing. Don’t miss out on these valuable tips and the chance to ask your questions in the chat. Let’s Wealth Coffee Chat!
00:00 – Introduction and Audience Engagement
03:52 – Reason 1: Resetting the Loan Term
05:16 – Reason 2: Consolidating Debt
06:35 – Reason 3: Accessing Equity for Investment Properties
07:25 – Reason 4: Paying Off the Home Loan Faster
09:17 – Success Story through refinancing
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