Cash-Out Refinancing: How It Works, When To Do It
Savings Corner
APRIL 4, 2024
How does a cash-out refinance work? You can take advantage of tax deductions: If you use the funds for home improvements, you could take advantage of the interest deduction. Reverse mortgage: A reverse mortgage allows homeowners aged 62 and up to withdraw cash from their homes. This can be a boon for your credit score.
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