Cash-Out Refinancing: How It Works, When To Do It
Savings Corner
APRIL 4, 2024
Cash-out refinances are generally best for big-ticket costs: Think home renovations or major debt consolidation. You can take advantage of tax deductions: If you use the funds for home improvements, you could take advantage of the interest deduction. This can be a boon for your credit score. There are no limitations.
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