@themortgagebawse: Be careful who you listen to. Multiple refinancing with excessive closing cost can absolutely put a dent in the equity if you roll the costs back into the loan so that part is slightly right but suggesting that all equity is lost is inaccurate. #credit #refinancing #equity #homeowner

The Mortgage Bawse
The Mortgage Bawse
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Region: US
Wednesday 23 July 2025 06:06:38 GMT
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jengreeneyes1215
Jennifer- Luxury Realtor :
Loan modification took her equity when she took the cash out refi
2025-07-23 12:10:52
7
drbbusinessbrokerage
Life with Dr B :
Say it again for those in the back!
2025-08-15 22:31:53
0
leniealexisdesigns
Lenie Alexis 🌟 Designs :
that loan modification messed them up... I had a client do a modification and thought the money the back put to back was not owed. when she closed they took that 15k she owed and only walked away with 86.00😬
2025-07-23 16:03:36
0
jeffndallas
JeffNDallas :
there are still fees for a refinance which eats into your equity. so make sure its worth the cost
2025-07-25 17:29:06
3
daryl_c_336
Daryl :
I think they’re not giving all the details! 🤷🏾
2025-07-23 07:31:20
2
markomac16
MarkoMac16 :
When you take equity out of your home do your interest rate change?
2025-07-29 17:40:06
0
rapwill5
Rapwill :
Saw the post and was mind blown...the energy was off...Ppl do your own research.
2025-07-23 07:32:33
2
hchitv
Chi Yan :
You know she orders Grubhub everyday 😅
2025-07-23 13:10:26
2
bryce_moton
bryce_moton :
Can you check your dm please
2025-07-31 05:05:34
0
anyiqueen7
Anyiqueen 🇺🇸🇨🇲 :
I thought it was wrong , thanks
2025-07-23 12:58:52
1
geterdawg
GeTeR :
😅 Okay, back to what I was sayin
2025-07-26 05:06:51
0
the_scholarship_mogul
the_scholarship_mogul :
Go to the bank for ask how much equity?? Wouldn’t an appraisal or CMA determine equity?
2025-07-24 03:53:49
1
tam089
Tam7 :
This is why I am scared to touch my equity
2025-07-23 13:31:04
0
davwill40
Dav Will :
The word Equity is a word that is getting a lot of folks believing they can make a house a cash cow. It’s abundantly clear many of them have no idea how to calculate numbers that don’t readily exist.
2025-08-18 22:54:18
2
prestonparker579
prestonparker579 :
Thanks for explaining that 👍 👍👍
2025-07-25 10:15:17
0
flemon.tarver
Flemon Tarver :
It’s does cost n the long run .
2025-07-30 22:00:36
0
njones38
Njones :
I like you
2025-07-23 11:40:47
1
user2686138836354
Glam4ya :
Thank you for the clarity.
2025-07-23 07:54:24
1
akalysa23
Robynita :
thank you
2025-07-23 15:35:20
1
appleuser7778768
TROLL :
Nice try lady. Yes it does. The closing costs are rolled into the loan. So don’t start talking about cash out because the CLOSING COSTS are a real thing that deplete the equity you do have. So learn a thing or two. Mmkay? 🥰 Wonderful.
2025-07-23 09:59:48
1
blacamethyst
Blac Amethyst :
That alone made me side eye when you said modification then refi
2025-07-23 14:19:55
3
dovefire0726
Dovefire0726 :
👏👏👏
2025-07-23 07:04:13
1
sophia.brand.manager.2
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2025-07-27 16:46:48
0
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2025-08-01 19:26:26
0
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2025-07-27 16:46:50
0
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