Cash Out Refinance
Home values have been increasing lately, and that means equity!
Did you know that having equity in your home provides an excellent opportunity for a cash-out refinance?
What could you do with a little extra money? This 46-second video has some ideas:
Would you use cash-out to finance your dream vacation?
Pay off debt? / Debt consolidation? (Check out our debt consolidation calculator to see if that makes sense for you.)
Maybe you’d like contribute to a college fund.
It’s also the perfect time to use your equity to complete some home improvements.
There’s a multitude of ways to utilize your equity.
Wondering how much of your equity you can use?
Here’s your options:
- 100% Loan-to-Value (LTV) for Veterans on a VA Cash-out
- 85% is the max LTV on Conventional Cash Out Refinance
- 85% LTV for a FHA Cash-out Refinance
Feel free to use our loan comparison calculator to compare your current loan option with one or two perspective loan options.
If you have any questions, feel free to contact us!
Ready to get started? Apply for a cash-out refinance now.