Tap your home equity for renovations, debt consolidation, or major expenses while keeping a single monthly payment.
A cash out refinance replaces your current mortgage with a new, larger loan and gives you the difference in cash. It lets you convert part of the equity you have built in your home into money you can use, while keeping everything in one mortgage payment.
Your new loan pays off your existing mortgage, and you receive the additional amount as cash at closing, based on your home's value and the equity available. The funds are commonly used for home improvements, consolidating higher interest debt, or other major expenses. We will review the numbers with you so the new payment and costs are clear before you proceed.
Homeowners with equity who want to put that value to work while keeping their financing in one place.
