Cash Out Refinance & Refinance Loans
A Cash-Out Refinance or Refinance Loan allows you to take advantage of your property’s equity to achieve your financial goals. Whether you want to lower your monthly payment, access cash for a new investment, or consolidate high-interest debt, refinancing can be a smart financial move that keeps your money working for you.
What Is a Refinance Loan?
A Refinance Loan replaces your current mortgage with a new one—often at a better rate or with improved terms. This can help you reduce your monthly payments, shorten your loan term, or switch from an adjustable to a fixed-rate loan for more stability.
What Is a Cash-Out Refinance?
A Cash-Out Refinance lets you borrow against your home or investment property’s built-up equity. You receive a lump sum of cash at closing, which you can use for:
Funding new real estate investments
Home or property improvements
Paying off high-interest debt
Growing your business or portfolio
Benefits of a Cash Out Refinance:
Access your property’s equity for cash or reinvestment
Lower your monthly payments or interest rate
Consolidate debt into one manageable payment
Use funds for investments, renovations, or business capital