Cash-Out Refinance

Access your equity without guessing your next step.

A cash-out refinance replaces your current mortgage with a new one and lets you take cash from a portion of your home’s equity. Homeowners often use cash-out funds for renovations, consolidating high-interest debt, or other major expenses—while keeping the convenience of one monthly mortgage payment.

How cash-out works

  • Your home’s value is confirmed (often by appraisal) to determine available equity.
  • The new loan pays off your existing mortgage balance.
  • Any remaining eligible amount can be received as cash (after closing costs and payoff).
Cash-out results vary based on equity, loan program guidelines, income/credit, property type, and current market conditions. We’ll walk you through the options and show you the numbers clearly.
See My Cash-Out Options Paperwork Needed
Examples are for illustration only and do not represent a loan approval, rate lock, or guaranteed cash-out amount.