Cash-Out Mortgages

A cash-out mortgage makes it possible to open a loan against the equity in your home. What are some reasons you might want a cash-out refinance?

  • Pay off and consolidate high-interest debts.
  • Wrap auto, student loan, or credit card payments into your home loan.
  • Roll your existing first and second mortgages into a single loan.
  • Prepay college tuition
  • Make home improvements
  • Start a business

There are a few different kinds of cash-out loans. The FHA cash-out, VA cash-out, and conventional cash-out all have unique advantages. Research them each carefully, then check rates and apply for your cash-out loan.