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Refinance → Cash-Out Refinance
Cash-Out Refinance
Turn your home equity into cash for renovations, debt consolidation, investments, or other major expenses.
Your Home's Value, Unlocked
If your home has appreciated, you may be able to access that equity while potentially lowering your interest rate.
Popular Uses
Home Renovations
Kitchen remodels, additions, or updates
Debt Consolidation
Pay off high-interest credit cards
Investment Property
Use equity to purchase rental properties
Education Expenses
Fund college tuition or private school
Requirements
- •Typically need 20%+ equity remaining after cash-out
- •Credit score requirements vary by program
- •Income and employment verification
- •Property appraisal to determine current value