Cash-out refinance
Cash-out refinance
This term is used when a borrower refinances his mortgage to obtain a new loan far exceeding the amount of his current loan amount with the intention of using it for personal or other reasons.
Rates, News & Advice Since 1995
This term is used when a borrower refinances his mortgage to obtain a new loan far exceeding the amount of his current loan amount with the intention of using it for personal or other reasons.
| Loan Type | Today |
|---|---|
| 15 yr fixed |
|
| 30 yr fixed |
|
| 5/1 ARM |
|
Rates may contain points