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

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

    A cash-out refinance lets you borrow against your home's equity by replacing your current mortgage with a bigger one, giving you the difference in cash. Learn how it works — and key risks ...

  3. 4 ways to get equity out of your home — and what to know ...

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

    🏠 Cash-out refinance. Replace your current mortgage with a larger mortgage, receiving the difference as cash. Fast facts. Fixed-rate loan. Paid out in one lump sum. Terms of 15 to 30 years.

  4. When should you refinance your mortgage? - AOL

    www.aol.com/finance/refinance-mortgage-152541677...

    The best mortgage refinance rates go to those with a score of at least 740. Pay for large expenses. You can do a cash-out refinance to tap your home’s equity for ready money. You can use these ...

  5. 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 ...

  6. Types of mortgage refinance: How to choose - AOL

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

    Cash-out refinance: In a cash-out refinance, you’ll switch to a new, bigger loan that taps your home’s equity for additional cash. You can use these funds for any purpose. You can use these ...

  7. 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 ...

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