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Cash-Out Refinance Definition
What Is a Cash-Out Refinance? | The Truth About Mortgage
A cash-out refinance is a mortgage refinancing option where the new mortgage is for a larger amount than the existing loan to convert home equity into cash.
The Truth About Mortgage - Your guide to mortgage financing
A cash-out refinance is a mortgage refinancing option where the new mortgage is for a larger amount than the existing loan to convert home equity into cash.
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