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

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

    The closing costs on a cash-out refinance (and any type of refinance) are almost always less than the closing costs on a home purchase. For a cash-out refinance, the lender charges an appraisal ...

  3. Reverse Mortgage, Home Equity Loan or Refinance? The ... - AOL

    www.aol.com/finance/reverse-mortgage-home-equity...

    Cash-out refinancing: You take out a mortgage with a higher principal amount than your current loan, collecting the remainder in cash. Depending on your qualifications, you can borrow up to 80% of ...

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

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

    The cash comes from your home’s equity. Many cash-out refinance lenders allow you to access up to 80 or 85 percent of your home’s value. However, this amount could vary, depending on your ...

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

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

    A cash-out refinance offers long-term, fixed-rate financing, at a rate that’s lower than those of home equity loans. “A cash-out refi is a strategic choice if you’re planning significant ...

  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. When should you refinance your mortgage? - AOL

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

    You can do a cash-out refinance to tap your home’s equity for ready money. You can use these funds for any purpose, such as: Lowering or paying off high-interest debt. Renovating your home.

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