Yes, but it depends on the type of loan. Some loan programs allow short-term or long-term rentals, while others require the property to be primarily for personal use. We'll help you find the right fit based on your goals.

A second home and an investment property are not the same, although both involve owning real estate beyond your primary residence.

Investment properties can be a powerful tool for building long-term wealth, generating passive income, and diversifying your portfolio.

Refinancing can reduce your monthly payment by getting a lower interest rate, extending your loan term, or both. This means more room in your budget without moving or selling your home.

The refinancing process typically takes 30 to 45 days, but that timeline can vary based on factors like home appraisal, documentation, and lender capacity.

At Panorama Mortgage Group, we move faster. We can complete your refinance in under 30 days—helping you lock in a better rate and start saving sooner.

Refinance if you can lower your rate by at least 0.5%–1%, shorten the loan term, or switch to a more stable loan type.

A cash-out refinance allows you to replace your current mortgage with a new loan for more than your outstanding balance. The extra funds are paid to you in cash, depending on your available equity and loan eligibility.

There are no restrictions on how you use the funds from a cash-out refinance. However, making informed financial decisions is key to maximizing the benefits.

With a cash-out refinance, you can typically access up to 80% of your home's value. If you're considering a home equity loan or line of credit (HELOC), we offer options that allow you to borrow up to 90% of your home’s value.