Cash-Out Refinance
A cash-out refinance replaces your current mortgage with a new, larger one — and gives you the difference in cash to use however you choose.
What is Cash-Out Refinance?
A cash-out refinance is one of the most flexible ways to tap home equity. You replace your existing mortgage with a new one for more than you currently owe, and pocket the difference in cash.
The new mortgage starts fresh with its own rate and term — typically 30 years fixed. That means a fixed monthly payment, no balloon, and a long runway to repay.
The most common uses: home improvements (often tax-deductible), high-interest debt consolidation, college tuition, business capital, and pulling equity to fund additional real estate investments.
Who qualifies?
This program is built for borrowers who match the criteria below. If you're not sure, send us a quick message and we'll confirm in minutes.
Talk To An Officer- Homeowners with significant equity
- Borrowers funding home improvements
- People consolidating high-interest debt
- Investors pulling equity to fund the next purchase
Key benefits
Tap Home Equity
Convert equity into cash without selling the home.
Mortgage Rates < Credit Card Rates
Trade 22% credit card debt for a 7% mortgage and save thousands.
Tax-Deductible (Sometimes)
Interest may be deductible when funds are used for home improvements.
Fixed Long-Term Rate
Lock the new loan for 15–30 years with predictable payments.
How it works
Equity Analysis
We confirm you have enough equity for the cash-out target.
Apply
Full mortgage application — same docs as a purchase.
Appraise
Appraisal sets the new loan ceiling (typically 80% LTV).
Close & Receive Funds
Cash arrives at closing or shortly after.
Frequently Asked
Get a personalized Cash-Out Refinance quote.
Tell us a little about your scenario. We'll come back to you with real numbers — within one business hour.
No commitment. No fees. No surprises.