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

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

    A cash-out refinance is a type of mortgage loan that replaces your current mortgage with a new, larger mortgage and allows you to take out the difference between them as cash.

  4. When should you refinance your mortgage? - AOL

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

    Refinancing a mortgage involves swapping out your current home loan for a new one, often with a different rate and term. The process is similar to when you initially purchased your home. Our ...

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

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

    The process for a cash-out refinance is similar to a regular refinance but requires a larger loan: the balance of the old mortgage and cash borrowed against the home’s equity.

  6. How much equity do you need to refinance? - AOL

    www.aol.com/finance/much-equity-refinance...

    The cash value of your home. For example, if your home is valued at $400,000 and you owe $200,000 on the mortgage, your home has $200,000 of net equity. ... VA refinance: Through a VA cash-out ...

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

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

    For example, if your home is currently worth $380,000 and you still owe $120,000 on your mortgage, your maximum cash-out would be $184,000 (less closing costs). Who is a cash-out refinance best for?

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