When.com Web Search

Search results

1. Results From The WOW.Com Content Network

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

   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 ...

3. 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 ...

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. 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.

6. 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 ...

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 ...