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2. The truth about no-appraisal home equity loans: What ... - AOL

   www.aol.com/finance/what-is-a-no-appraisal-home...

   What to know about no-interest borrowing before you apply. Cash-out refinance. With a cash-out refinance, you replace your existing mortgage with a new, larger mortgage, pocketing the difference ...

3. Cash-out refinance explained: How it works — and when it can ...

   www.aol.com/finance/what-is-cash-out-refinance...

   🏡 Case study: Cash-out refinance. Let's say your home is worth $400,000 and you currently owe $150,000 on your original mortgage at 7.5%. By refinancing to a lower rate of 6% with a 30-year ...

4. 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. The process for a cash-out refinance is similar to a regular ...

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

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

   The requirements for getting approved for a cash-out refinance vary by lender, but most lenders will want to see a minimum credit score of 620 and a maximum debt-to-income ratio of 43 percent ...

6. No-closing-cost refinance: What it is and how it works - AOL

   www.aol.com/finance/no-closing-cost-refinance...

   No upfront payment: There’s no need to come up with a few thousand in cash. Break-even sooner: When you pay closing costs to refinance, it can take some time for the new monthly payments to help ...

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 ...