Tap into your home’s equity
Cash-out refinancing lets you access the equity in your home and get cash at closing. The existing home mortgage and any liens on the property are paid off and replaced with a new mortgage.
A refinance with cash out is an alternative to a home equity loan, because it’s a lien on your home like your existing mortgage. A cash-out refinance comes with closing costs comparable to your first mortgage. You may also be eligible for a Smart Refinance, another cash-out refinance option with a no-closing-cost option.
Our Fixed Rate Mortgages offer the peace of mind of knowing your rate and payment will not change for the term of your loan. This is a great program for anyone planning on being in their home for a long time.