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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 loan is a mortgage option that lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving you the difference in cash. Common uses ...

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

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

    The best rates typically go to those with excellent credit — at least a 740 credit score. ... your lender can inform you how much you could get in a cash-out refi. Close the loan: ...

  4. 4 ways to get equity out of your home — and what to know ...

    www.aol.com/finance/how-to-get-equity-out-of...

    Requires appraisal and closing costs of 2% to 5% of your loan amount. A cash-out refinance is a type of mortgage loan that replaces your current mortgage with a new, larger mortgage and allows you ...

  5. Is doing a VA cash-out refinance a good idea? Here’s ... - AOL

    www.aol.com/finance/doing-va-cash-refinance-good...

    A VA cash-out refinance is a type of mortgage guaranteed by the VA that essentially swaps your current mortgage with a new, larger loan that allows borrowers to take the extra amount out as ready ...

  6. 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 ...

  7. Are cash-out refinance rates higher? How to get the best rate

    www.aol.com/finance/cash-refinance-rates-higher...

    To determine cash-out refinance rates, mortgage lenders take a baseline interest rate and then make adjustments based on your credit score, financial profile and loan-to-value (LTV) ratio.

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