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

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

   Draw money as needed for set term — for example, 5 to 10 years ... You can secure a lower rate than your current mortgage. A cash-out refinance could reduce your total monthly payment even while ...

3. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   Refinancing a mortgage is when you take out a new home loan to replace your current one. ... more and wouldn’t save money. Upfront costs. Refinancing comes with closing costs, which can cost you ...

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...

   A cash-out refinance turns your ownership stake into ready money by replacing your current mortgage with a new, larger loan. You receive the difference between the two in a lump-sum payment.

6. 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.

7. 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 ...