Cash-Out Refinance

A mortgage refinance replaces a homeowner's existing mortgage with a new mortgage to help you make the most of your investment. Whether your property value has increased and you want to refinance out of your mortgage insurance or you want a lower monthly payment, there's a refinance option for you.

A Cash-Out refinance allows the borrower to take some of the equity they've invested into their home and trade it for cash. Mortgage rates are much lower than credit card or personal loan rates, which is why homeowners often choose this route to reach their goals.

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