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

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

    Cash-out refinancing involves taking out a new loan for a higher amount, paying off the existing one and obtaining the difference in cash. A home equity loan, in contrast, is a separate ...

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

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

    A cash-out refinance is an entirely new loan that replaces your existing mortgage with a larger one. You receive the difference in a lump sum of cash when the new loan closes.

  5. Refinancing for home improvement: How it works - AOL

    www.aol.com/finance/refinancing-home-improvement...

    In a cash-out refinancing (cash-out refi for short), you replace your existing mortgage with a larger home loan, taking the difference out in ready money. The amount you can get is based on the ...

  6. How to unlock your home equity during financial turmoil - AOL

    www.aol.com/finance/unlock-home-equity-during...

    Cash-out refinance. Home equity loan. HELOC. Shared equity agreement. Amount of equity required. 20 percent equity. 15 percent to 20 percent equity. 15 percent to 20 percent equity

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

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

    Streamline refinance: Available with an FHA, VA or USDA loan, a streamline refinance provides a faster route to a new mortgage, with less paperwork and underwriting.

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