Stateside Lending · NMLS #2567704 · Equal Housing Opportunity

Cash-Out Refinance

Put your home's equity to work.

Overview

Cash-Out Refinance

Tap your equity for renovations, debt consolidation, or investment — replacing your current mortgage with a new one and cash in hand.

  • Access your home equity
  • Consolidate higher-interest debt
  • Fund renovations or investments
  • Single monthly payment
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Best for

Homeowners with equity and a clear use for it.

Not sure this is the right fit? We'll compare it against every option — in-house and across 109+ lenders — and tell you straight.

Talk to an expert
At a glance

Program guidelines

EquityKeep a minimum equity cushion after cash-out (often ~20%)
Use of fundsRenovation, debt consolidation, or investment
CreditStandard guidelines apply
CostsClosing costs apply

Guidelines shown are general program parameters and can vary by borrower, property, and investor requirements — ask us about your specific scenario. Not a commitment to lend.

Benefits

Why buyers choose it

  • Turn home equity into usable cash
  • Consolidate higher-interest debt into one payment
  • Fund renovations or investments
Things to consider

Know before you go

  • Increases your loan balance and uses your home as collateral
  • A higher rate than a no-cash-out refinance in some cases
FAQ

Common questions

How much equity can I take out?

It depends on your home value and program — most keep a cushion of equity in the home. We'll show your options.

What can I use the cash for?

Anything — common uses are renovations, paying off higher-interest debt, or funding an investment.

Let's get you home.