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2. Cash-out refinance: What it is and how it works - AOL

   www.aol.com/finance/cash-refinance-works...

   Cash-out refinance example. Let’s say you still owe $100,000 on your home, and it’s currently worth $400,000. That means you have $300,000 in equity. For a cash-out refinance, you’re ...

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

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

   A cash-out refinance offers benefits like access to money at potentially a lower interest rate, plus tax deductions if you itemize. ... Discover, for example, requires a minimum credit score of ...

4. Cash out refinancing - Wikipedia

   en.wikipedia.org/wiki/Cash_out_refinancing

   The difference between cashout refinancing and a home equity loan are as follows: A home equity loan is a separate loan on top of a first mortgage. A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan.

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

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

   A cash-out refinance replaces your current mortgage with a new, larger loan that includes the balance of the old mortgage and the additional cash you’re borrowing against the home’s equity ...

6. FHA cash-out refinance guide - AOL

   www.aol.com/finance/fha-cash-refinance-guide...

   Here’s how an FHA cash-out refinance works. Here’s how an FHA cash-out refinance works. ... (MIP) of 1.75 percent of the loan amount (in the above example, that’s $4,375). There are plenty ...

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

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

   For example, if your outstanding mortgage balance is $150,000 and your home is valued at $250,000, you have $100,000 of equity. ... When should I choose a cash-out refinance?