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

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

    A cash-out refinance replaces your current mortgage with a new, bigger loan. You receive the difference between the two in ready money. ... Putting a down payment on an investment property.

  3. Do you need a down payment to refinance your mortgage? - AOL

    www.aol.com/finance/down-payment-refinance...

    FHA refinances: You’ll need 20 percent down to pursue a cash-out refinance, but you can explore rate-and-term and streamlined refis with just 2.25 percent equity.

  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. 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. This type of ...

  6. Mortgage seasoning: What is it and what are the requirements?

    www.aol.com/finance/mortgage-seasoning...

    “To a lender, the length [of] time you’ve been making payments on a mortgage can make a great deal of difference if you wanted to change the terms by refinancing or take out equity all of a ...

  7. Should I refinance my mortgage in 2024? - AOL

    www.aol.com/finance/refinance-mortgage-2024...

    Will mortgage rates go down further this year? ... Current payment. $2,042. Rate after refinancing. 6.2%. New payment. $1,751. Breakeven point. ... How a cash-out refinance works — and when to ...

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