What could you do with your home equity?
A cash-out refinance turns equity into cash. Pick a goal to start your request.
Two ways to refinance, one short questionnaire
Lower your payment
Replace your current mortgage with a new one at a lower rate or a different term to reduce what you pay each month.
Cash out your equity
Borrow against the equity you've built and use the cash to:
- Pay off credit cards, auto loans or personal loans
- Fund a business
- Put a down payment on real estate
- Renovate your home
Common questions
Does answering these questions affect my credit?
No. The questions only ask you to pick a credit range. A credit check happens only if you later choose to apply with a lender.
What happens after I finish?
A loan professional reviews your answers and contacts you with options that match your goal. There's no obligation to move forward.
How much cash can I take out when I refinance?
Many lenders allow you to borrow up to about 80% of your home's value, including your current mortgage. Limits vary by lender and loan type.