Cash-Out Refinance

A cash-out refinance allows you to take cash out from the equity in your home in the form of a new loan.  You can use the cash for anything you need from debt consolidation, to paying for college or medical bills.  You can use the cash for a home improvement project or just to ease a current financial burden.

Unlike a home equity line of credit (HELOC), you will only have 1 monthly mortgage payment with a cash-out refi.

In order to qualify, you must have at least 20% equity (80% LTV) in the home after you take the cash out.  

Please call or email us today with your questions.

Cynthia Rock Loan Team of NRL Mortgage

Cynthia Rock Branch Manager #150241

972-771-4925

cynthia.rock@nrlmortgage.com

5910 N. Central Expy, Suite 1955

Dallas, Texas  75206

United States

 

NRL NMLS # 181407

4400 Post Oak Parkway, Suite 1000 Houston, TX 77027 | NRL Mortgage | Equal Housing Lender | Nations Reliable Lending, LLC © 2020. All Rights Reserved. 713 275-1300 | NMLS ID 181407.