Cash-Out Refinance

  • Why Cash-Out Refi’s for Home Improvement Are Gaining Momentum

    … are the potential pitfalls? How a Cash-Out Refi Works When a homeowner takes advantage of a cash-out refinance, they’re essentially replacing their existing first mortgage with a brand new first mortgage. This is in contrast to taking out a second mortgage via a home equity line of credit, or HELOC. In the case of a HELOC, the mortgage interest rate…

    Matty Byloos/ RGR Marketing- 6 readers -
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