Learn How to Get Cash From Your Home

A Cash-Out Refinance Can Help With Your Financial Needs!

Use your home equity to your advantage! Get money out of your home and use it for anything you want. Find out if it makes sense to refinance with our Refinance Calculator.

Make home improvements to increase the value of your home, pay for college tuition, pay off high-interest credit card debt, or buy a vacation home.

We’ve helped hundreds of Americans, just like you, lower their monthly payment by refinancing. Contact us today to see how we can help you!

Leveraging the equity in your home

Your home may be one of the most stable assets you have. Unlike a car, it’s less likely to suffer catastrophic failure; unlike a savings account, it’s less likely to be wiped out by a short period of illness or unemployment. It can act as a security blanket, slowly gaining equity over the years, available to you quickly through a cash out refinance when you need it.

How a cash out refinance works

When you choose a cash out refinance, you take the equity in your home and liquidate it, turning it into cash you can use for anything you want or need. Your lender will basically be resetting your loan, letting you borrow more than you currently owe, and giving you the difference back in cash minus fees.

Refinance vs. home equity loan vs. home equity line of credit (HELOC)

A cash out refinance can mean a little more paperwork than applying for a home equity loan or a home equity line of credit (HELOC), but it can be a lot easier on your monthly finances. Instead of adding another monthly payment to your stack of bills, you just change the terms of your original mortgage.

In many cases, the interest rate you’ll end up paying won’t be that much higher, and you can tweak the loan term to get a monthly payment that works best for your budget. Cash out refinancing is a great way to get a fast influx of liquidity when you need it, and reframe your existing mortgage payment so they make sense for your current financial situation.