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2. Cash out refinancing - Wikipedia

   en.wikipedia.org/wiki/Cash_out_refinancing

   A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan. The borrower pays the mortgage refinance closing costs. Generally, the borrower does not pay closing costs for a home equity loan.

3. 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 ...

4. 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. On the down side, a cash-out refinance increases your debt ...

5. What are cash-out refinance tax implications? - AOL

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

   A cash-out refinance allows you to extract your home’s equity, or the difference between your current mortgage balance and the value of your home. You can then use it as a (relatively) low ...

6. 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 ...

7. FHA cash-out refinance guide - AOL

   www.aol.com/finance/fha-cash-refinance-guide...

   An FHA cash-out refinance involves swapping out your current home loan with a new, larger one. If a FHA cash-out refinance isn’t ideal for your financial situation, a home equity loan, HELOC or ...