Cash-Out Refinance
Turn the equity you've built into cash you can use — for home improvements, paying down higher-interest debt, or major life expenses — while refinancing into a single loan.
Benefits
Why homeowners choose a cash-out refinance
Put your equity to work
Access a portion of your home's value as cash while replacing your existing mortgage.
Consolidate higher-interest debt
Many homeowners use a cash-out refinance to pay off higher-interest balances and simplify to one payment.
Fund what matters
Use the proceeds for renovations, education, or other major goals.
One loan, one payment
Replace your current mortgage and roll your cash-out into a single, predictable payment.
Good fit?
Is a cash-out refinance right for you?
Not sure if this is the right program? Get a free quote and a loan officer will help you compare your options.
Start my free quote- You've built meaningful equity in your home
- You want to consolidate higher-interest debt
- You're planning home improvements or a large expense
- You'd prefer one payment instead of juggling several balances
The process
How it works
Start your quote
Tell us about your current loan and your goal — a lower payment, a shorter term, or cash from your equity.
Review your options
Your loan officer lays out the refinance paths that fit, with the trade-offs explained in plain language.
Lock in your terms
Once you choose a direction, we handle the paperwork and keep the process moving.
Close and start saving
Sign your new loan and put the benefit — lower payment, faster payoff, or cash in hand — to work.
Questions
Frequently asked questions
What is a cash-out refinance?
A cash-out refinance replaces your current mortgage with a larger one and gives you the difference in cash, drawn from the equity you've built in your home.
How much cash can I take out?
It depends on your equity and the loan program you choose. We'll review your home's value and your goals to show you what may be available.
How is a cash-out refinance different from a HELOC?
A cash-out refinance replaces your existing mortgage with one new loan, while a HELOC is a separate line of credit that sits alongside your current mortgage. We'll help you compare both.
What can I use the money for?
There are generally few restrictions — common uses include home improvements, debt consolidation, education, and other major expenses.
Will a cash-out refinance change my interest rate?
Because you're taking out a new loan, your rate may differ from your current one. We'll show you the new terms clearly so you can decide if the trade-off makes sense.
Ready to get started?
Get your personalized quote in a few minutes — no obligation, no impact to your credit to start. A loan officer will help you take it from there.