Cash Out Refinance

A Cash-Out Refinance (often called a Cash-Out Refi) is a mortgage option that allows homeowners to borrow against the equity in their property. It provides several advantages, like lower interest rates when compared to other types of loans, higher potential savings over time, and flexibility in how you can use the funds.

Understanding Cash-Out Refinance: What It Means for You

Cash-Out Refi involves replacing your current mortgage with a new one, allowing you to access a portion of your home’s equity. Essentially, this process increases your mortgage balance, but in return, you receive a lump sum to use as you see fit. Whether for home improvements, debt consolidation, or other financial needs, cash-out refi offers unique opportunities.

Ready to Start?

Not sure if a Cash-Out Refinance is right for you? Contact us and we can walk through your goals and see if a Cash-Out Refi is right for you.

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