Refinance - Cash Out

While some homeowners may simply wish to lower their payments, others might want to put their equity to work. 

Pay off high-interest debt

You can use the equity in your home to pay off credit cards, student loans and secured/unsecured debts. Generally speaking, paying off high-interest debt using your equity improves cash flow and reduces the amount you'll pay out in interest over time.

Purchase property

The equity you hold in your home can be used as a down payment to buy another property.

Put cash in the bank

Looking to increase your liquidity? Funds requested in a cash-out home loan don't need to be ear-marked for a specific purpose. Funds from a cash-out refinance can be delivered straight to you in the form of a check!