Cash-Out Refinance

What is it?

With this refinance program, homeowners can swap their current home loan for a new one that converts part of their home equity into cash. It's a great solution to update and improve the home they've lived in for years!

  • Ideal for homeowners who have at least 20% equity in their home
  • Allows the homeowner to borrow extra money to pay for renovations, plus potentially lock an all-time low mortgage rate for lower monthly payments*
  • No restrictions on DIY work – Licensed/bonded contractors NOT required

* While refinancing can make a significant difference in the amount paid each month, financing costs may be higher over the life of the loan.

  • Cash-out finds can also be used for any purpose – like dream vacations, debt consolidation, and other investment opportunities. But renovations can boost your home value to help build more equity.

Loan Types

Interested in a Cash-Out Refinance? Contact us today or Get Started here.