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

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

    Cash-out refinance cons You owe more: Because you’re taking out a larger loan amount, your overall debt load increases. No matter how close you were to paying off your original mortgage, the ...

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

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

    Pros and cons of cash-out refinancing Pros of cash-out refinance. You can lower your interest rate: This is the most common reason borrowers refinance.

  4. Reverse Mortgage, Home Equity Loan or Refinance? The Pros and ...

    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 ...

  5. FHA cash-out refinance guide - AOL

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

    Pros and cons of an FHA cash-out refinance. FHA cash-out refinance loans come with benefits that can make them an attractive option for homeowners looking to pull equity from their homes. Still ...

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

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

    Pros and cons of using a cash-out refinance for home improvements Pros. Access to a big chunk of cash: You can access the money to improve your home by tapping into your home — specifically, ...

  7. Mortgage refinance: What is it and how does it work? - AOL

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

    Cash-out refinance. When you do a cash-out refinance, you use your home equity to withdraw cash to spend. This increases your mortgage debt but gives you money that you can invest or use to fund a ...

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