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FHA Cash-out Refinancing

If you have equity in your home you may be able to turn your home equity into cash with an FHA cash-out refinance. This article takes a look at FHA cash-out refinance loan requirements, rates, and benefits. Rate Search: Check Today’s Refinance Rates FHA Cash-Out Refinance Rates FHA rates are …

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Cash-out refi vs home equity line of credit. What’s the difference?

Whether you’re looking to remodel your home, consolidate your debt or pay an unforeseen expense — it’s only natural to consider tapping into your greatest source of wealth: The equity you’ve already invested in your home. For many, it’s a much safer option to get the cash you need than …

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How does a cash-out refinance work?

With interest rates at historic lows, many homeowners are considering mortgage refinancing. A typical refinancing entails closing out your original loan and opening another — same principal balance financed at new terms and a better rate. A cash-out refi is different. It allows a homeowner to borrow some money and …

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