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2. How to get equity out of the house you’ve paid off - AOL

   www.aol.com/finance/equity-house-ve-paid-off...

   How to get equity out of a paid-off house Cash-out refinance on a paid-off home. Let’s say you were still paying off your mortgage, had adequate equity and needed cash.

3. 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 replaces your current mortgage with a new one, effectively resetting the amount you owe on your home and the timeline you have to pay it off.

4. Cash-out refinance explained: How it works — and when ... - AOL

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

   Pay off existing mortgage: $150,000 — current monthly payment: $1,243. Pay closing costs: ... using your house as collateral. A cash-out refinance, on the other hand, starts over with a brand ...

5. What happens when you pay off your mortgage? - AOL

   www.aol.com/finance/happens-pay-off-mortgage...

   Refinancing: Instead of prepaying, you can refinance your loan, trading in your old mortgage for a newer one. Refinancing can help you pay off your mortgage more quickly if you shorten the loan ...

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. When should you refinance your mortgage? - AOL

   www.aol.com/finance/when-to-refinance-mortgage...

   You should refinance if you want longer terms to lower your monthly mortgage payment or shorter terms to pay off your loan sooner. But you’ll want to make sure you’re lowering your interest ...