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  2. 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 that of a regular refinance (aka a rate-and-term refinance), in which you simply replace your existing loan with a new one, usually at a lower ...

  3. 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 ...

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

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

    🏠 Cash-out refinance. Replace your current mortgage with a larger mortgage, receiving the difference as cash. Fast facts. Fixed-rate loan. Paid out in one lump sum. Terms of 15 to 30 years.

  5. How to calculate your home equity — and how much of it you ...

    www.aol.com/finance/calculate-home-equity...

    Cash-out refinancing: With a cash-out refinance, you replace your existing mortgage with a new, larger mortgage. The difference between the two balances will be given to you in a lump-sum payment ...

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

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

    FHA refinance: For FHA cash-out refinances, mortgage lenders prefer you to have 20 percent equity remaining after the refi. VA refinance: Through a VA cash-out refinance , you can access up to 100 ...

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

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

    A cash-out refinance offers benefits like access to money at potentially a lower interest rate, plus tax deductions if you itemize. ... Calculate your equity: Start by calculating the equity in ...

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