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

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

    The most popular fall into two categories: home-secured loans, including a lump-sum home equity loan or a home equity line of credit (HELOC), and a type of mortgage called a cash-out refinance.

  3. 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 ...

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

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

    The cash comes from your home’s equity. Many cash-out refinance lenders allow you to access up to 80 or 85 percent of your home’s value. However, this amount could vary, depending on your ...

  5. 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 a regular refinance but requires a larger loan: the balance of the old mortgage and cash borrowed against the home’s equity.

  6. How much equity can I borrow from my home? (And why isn ... - AOL

    www.aol.com/finance/much-equity-borrow-home-why...

    Finally, don’t forget closing costs (yes, these out-of-pocket, upfront expenses come with home equity financing too). A cash-out refinance, which replaces your primary mortgage with a new bigger ...

  7. How much equity do you need to refinance? - AOL

    www.aol.com/finance/much-equity-refinance...

    FHA refinance: For FHA cash-out refinances, mortgage lenders prefer you to have 20 percent equity remaining after the refi. VA refinance: Through a VA cash-out refinance , you can access up to 100 ...

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