Cash Out Refinance
Cash Out Refinance
A Cash Out mortgage refinance is the replacement of an existing mortgage with another mortgage under different terms and take cash out of your home equity. What this allows you to do is make home improvements, consolidate debt, or cover unexpected medical bills.
Benefits
Refinancing and taking out cash out on the equity of your home can give you access to a large lump sum of cash which can be used in a number of ways to improve your situation.
- Consolidate debt
- Make home improvements
- Pay off medical bills
- Pay for elderly care
- Receive potential tax deductions
- Invest in other property
- …and more
Loan Options
- Conventional
- FHA
- VA
- Jumbo
- Home Equity Lines of Credit (HELOC)
Mortgage Lending Simplified
Download the free RWM Home Loans Fluid Mobile App today and get started on your journey to homeownership.