Best Cash-Out Refinance Lenders of 2023
Savings Corner
DECEMBER 25, 2023
With a cash-out refinance , you’re getting a new loan that’s for more than you owe on your current mortgage. ” The amount of cash you can get depends upon your home equity — how much your home is worth compared to how much you owe. Most lenders will require you to maintain at least 20% equity in your home.
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