Benefits of Utilizing a Mortgage Manager
In addition to guiding you through the homebuying process, the right mortgage manager ensures your home loan remains a financial asset that you can leverage for years to achieve your goals.

By monitoring the mortgage market and how it impacts your individual situation,  your Mortgage Manager can help you improve your loan rate or term, or cancel PMI Even more, they can help you understand the benefits of using equity to further accomplish your goals.


With a cash-out refinance, you can leverage equity to:

  • Renovate your home
    Turn your house into a dream home with money from cash-out refinances to fund your home reno projects.
  • Fund down payments
    Use some of the equity you’ve earned as a down payment on a vacation home or even an investment property for another way to make your money work for you.
  • Save for retirement
    Using the equity in your current home to (almost) completely finance a move into a less-costly one could potentially free up thousands while transitioning into retirement.
  • Start a business
    Advance your journey into entrepreneurship with cash from your home’s equity by funding a down payment on a storefront, a website overhaul, or even paid advertisements--the possibilities are endless!
  • Pay down debt
    From credit cards to student loans, consolidating and paying off your debt with higher interest rates by utilizing money at a lower rate from a cash-out refinance could potentially save you thousands.
  • Cover medical bills
    Dealing with a medical emergency is already stressful enough—you should not have to worry about where the money is going to come from. Tapping into equity can help you ease stressful times, and allow you to focus more on what really matters.


The equity that you build in your home remains there for you to access in the future. When the time comes, consider leaning on your Penrith Mortgage Manager to help you find the right strategies to accomplish your goals.