Turn equity into cash, the smart way
A cash-out refinance replaces your mortgage with a larger one. It works best when your current rate is at or above today's rates.
- Conventional, FHA and VA cash-out
- Fund renovations, tuition or investments
- Side-by-side comparison with a second mortgage
Real numbers. Straight answers. No pressure.
Tell us a little about your goals. Nelson will reach out the same business day with options from dozens of wholesale lenders.
See if you qualify: free, no commitment.
No pressure. Nelson will give you a straight answer about whether this works for your situation.
Cash-out refinance or second mortgage?
If your current rate is low, a cash-out refinance can raise the rate on your entire balance. In that case, a fixed second mortgage or HELOC usually costs less.
If your current rate is already high, a cash-out refinance can lower your rate and give you cash in one step. We'll compare both.
This is a good fit if you…
- Have a current rate at or above today's rates
- Have 20%+ equity
- Want one payment instead of two
- Have a large project or goal to fund
How it works
Up to 80% LTV
Conventional cash-out up to 80% of your home's value.
VA cash-out
Higher LTV options for eligible veterans.
Blended-rate math
We calculate your blended cost to compare options.
Buyers keep coming back
Nelson and Danna did an outstanding job processing everything for my VA loan. They were very quick and responsive, and everything went much quicker than I expected. I was very happy with the rate and fees they were able to get for me.
This is the 2nd time we have worked with them to buy a house… They helped us to ensure that we configured our mortgage the best way possible for our needs. They were in constant contact with us to make adjustments to get us the best deal possible.
I could not have been happier with my experience! Nelson and Danna went way above and beyond… you will get an incredible attention to detail, but most of all you will feel like you're talking to your friends.
Questions we hear often
How much cash can I take out?
Conventional typically allows up to 80% of value, minus your current balance. VA can allow more.
Is cash-out money taxable?
Loan proceeds aren't income, but talk to your tax advisor about interest deductibility.
How long does it take?
Usually 3–5 weeks.
Ready to see what you qualify for?
Talk with Nelson for 15 minutes. You'll leave with real numbers and a clear plan.