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What cash- refinancing? | zillow, What is a cash-out refinance? a cash-out refinance is a refinancing of an existing mortgage loan, where the new mortgage loan is for a larger amount than the existing mortgage loan, and you (the borrower) get the difference between the two loans in cash..
4 alternatives cash- refinance | mortgage rates, If you need money for things like home improvements, debt consolidation, or investments, you may be tempted by a cash-out refinance. that means you refinance with a larger loan than you need to pay off your old mortgage, and take the difference in cash at the closing. this refinance might be the.
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What cash- refinance? | truth mortgage, A cash- refinance home loan borrower takes additional cash amount existing loan balance. home improvements, pay college tuition, pay credit cards..