Cash-out Refinance | Think Realty | A Real Estate of Mind
  • Cash-out Refinance

    The process of tapping into a property’s equity during the refinancing process. Cash-out refinancing involves refinancing a loan for more than the amount originally owed so that their loan is larger than it was before the refinance. The difference goes to the borrower in cash. Also referred to as a “cash-out refi.”

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