A cash-out refi vs. a home equity loan: Understand the advantages and disadvantages of each to figure which works best for you.
A cash-out refinance is a mortgage refinancing option that lets you convert home equity into cash. Use it with care.
Whether you’re looking to remodel your kitchen, pay off credit card bills or cover the cost of college tuition, you’re going to either borrow money or get access to a lump sum of cash. One way to come up with the funds is a cash-out refinance. With a cash-out refinance, you replace your current mortgage with a new, larger mortgage. The difference between the existing and new mortgage amounts, minus closing costs, goes to you in cash. That may sound appealing, but it’s important to understand all the details first. ...
If you're trying to compare a HELOC vs. a cash-out refi, it's important to understand how they work and which situations they may be best for.
Why refi with SoFi? Turn your equity into cash with a cash-out refi and pay down high-interest debt. Apply for a cash-out refi online.
A cash-out refinance lets you use your home equity to pay for anything you want—and therein lies its allure. Want to increase the square footage of your home? Keep your kid out of student-loan debt...
A cash-out refinance can help you secure a loan with lower interest rates compared to credit cards and other unsecured loans. But it’s not a good fit for everyone. Check out our guide on cash-out r...
Interested in getting a cash-out refinance? Find and compare cash-out refinance rates from Bankrate's wide selection of lenders.
A cash-out home refinancing can turn your equity into cash but there are factors to first consider.
Cash-out refinancing is an opportunity for homeowners to take out equity in their home for improvements, debt consolidation, or other needs with a new loan.