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  2. Cash-out refinance explained: How it works — and when ... - AOL

    www.aol.com/finance/what-is-cash-out-refinance...

    A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving you the difference in cash. Learn how it works — and key risks ...

  3. Pros and cons of a cash-out refinance - AOL

    www.aol.com/finance/pros-cons-cash-refinance...

    The requirements for getting approved for a cash-out refinance vary by lender, but most lenders will want to see a minimum credit score of 620 and a maximum debt-to-income ratio of 43 percent ...

  4. Cash-out refinance vs. home equity loans: Which is best in ...

    www.aol.com/finance/cash-out-refinance-vs-home...

    Cash-out refinancing could be your best option if most of the following are true: You need to access a large amount of equity (say, over $50,000) Current market rates are lower than your existing ...

  5. Cash-out refinance: What it is and how it works - AOL

    www.aol.com/finance/cash-refinance-works...

    Cash-out refinancing involves taking out a new loan for a higher amount, paying off the existing one and obtaining the difference in cash. A home equity loan, in contrast, is a separate ...

  6. 4 ways to get equity out of your home — and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    Dig deeper: Cash-out refinance explained: How it works — and when it can make sense. 🏠 Reverse mortgage. Tap into the cash value of your equity without payments while you live in your home ...

  7. Types of mortgage refinance: How to choose - AOL

    www.aol.com/finance/types-mortgage-refinance...

    A cash-out refinance is best for borrowers who need a substantial amount of money and, ideally, can refinance to a lower interest rate. Many homeowners use cash-out funds to do renovations, while ...

  8. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    The best mortgage refinance rates go to those with a score of at least 740. Pay for large expenses. You can do a cash-out refinance to tap your home’s equity for ready money. You can use these ...

  9. Home equity loan or HELOC vs. cash-out mortgage refinance - AOL

    www.aol.com/finance/home-equity-loan-heloc-vs...

    Cash-out refinance. Best for: Borrowers who want to (potentially) lower their monthly mortgage payment, access to funds, and know how much they need.

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    related to: is cash out refinance recommended