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If you have two mortgages that, combined, are less than 80 percent of the value of your home, try a cash-out refinance. in most places, home loans for more than $417,000 – tend to have higher.
It's exciting to finally have no more mortgage payments. But now that you have all that equity in your home, is it possible to get another.
One can get a cash out on the mortgage on their home when one plans to refinance. The refinanced mortgage is higher than the original mortgage, so one is able to keep the leftover cash.
We can help you cash out on the equity you have in your home and get you a great rate at the same time. You can use your new found cash to pay down your highest interest accounts and substantially decrease your monthly debt load. note: Cascade Financial does not provide cash out refinance loan products in the State of Texas.