Cash Out Refinance Home Loans / Home Equity Loan

Borrowing money has never been cheaper. If you looking to take advantage of the low interest rates, then a cash-out refinance (Home Equity Loan) can help you draw some or all of the equity in your home and use the proceed for any reason whatsoever.

A cash out refinance can help you restructure your debts or can be used to reinvest with a higher rate of return than the interest you’re paying on your cash-out mortgage refinance.

While cash-out rates are slightly higher than a straight mortgage refinance and purchase loan interest rates, it’s still by far the cheapest way to borrow money.

The Many Uses of a Cash Out Refinance

It’s your equity, and thus you’re money, so use it for any purpose you see fit.

Medical Bills

A cash-out mortgage refinance can help you eliminate expensive high interest credit card balances typically caused by some turn of events, such as unexpected medical bills.

Life Events

Sometimes life happens unexpectedly, for all the other times, you can pre-plan and use the proceeds from your cash-out refinance to pay for weddings, or other such celebrations.

Travel and Vacations

Use the proceeds from your cash-out refinance for fun things such as travelling, or even going abroad for that dream vacation you’ve always promised yourself.

Pay for College

While interest rates have fallen, the cost of education continues to go up. Use the equity in your home to draw the much required cash for paying college tuition and related expenses, so that your children never have to start life with student loan debt.

Get a cash-out finance and use your money as you please

If you're ready to get a no obligation quote for a cash-out refinance, then please click the ``Apply for Loan`` button below to get your customized quote.

Apply Online Now

Features of a Cash-Out Refinance Loan

You’ve worked hard to build equity in your home, now it’s time to leverage the equity to work hard for you.

Faster Loan Closings

We’re able to close most cash-out refinance loans within two to four weeks based on your personal situation.

Choose your amount

Choose how much you want back in cash up to 80% of the value of your home or the difference between your mortgage and home value up to a combined 80%

Enjoy the best rates

Super low rates, and low closing costs in most cases. It’s never been cheaper to borrow money.

Decide your tenure

Change you loan terms during the cash-out refinance. Shorten or extend your existing term as it best suites you.

Cash-Out Mortgage Refinance - Eligibility

Any salaried or self-employed professional you’re eligible for a cash-out mortgage refinance

Age

There are no age limits other than being over 18 at the time of your loan application.

Income and Employment

There are technically no income restrictions, provided you have stable employment and meet the lenders DTI and LTV requirements.

Credit Rating and History

While both credit history and score are a major factor in a lending decision, we’ve been able to help many with less than perfect credit scores.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

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