Tap into your home's equity with a cash-out refinance. Unlike a home equity loan or home equity line of credit (HELOC), with a cash out refinance, you withdraw cash one time and repay through your regular monthly mortgage payment.

Use a cash-out refinance to:

  • COVER unplanned expenses
  • PAY OFF higher-interest debt
  • PAY for home improvements
  • LOCK IN a lower interest rate for years to come

Benefits of a Cash-Out Refinance:

  • Lower interest rate and monthly payment, especially if rates have dropped or you have improved your credit profile since your bought your home.
  • Access to the equity in your home to use how you want, including improving your home, consolidating debt, paying for college tuition, or paying for medical expenses.
  • Unlike a line of credit, a cash out refinance gives you a fixed, regular monthly payment, so there are no surprises