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What is a Cash-Out Loan and How Does It Work?

What is a Cash-Out Loan and How Does It Work?

by Equity Lending Solutions | Oct 16, 2024 | Uncategorized

A cash-out loan, often referred to as a “cash-out refinance,” is a financial tool that allows homeowners to access the equity built up in their property by taking out a new mortgage for more than they currently owe on their home. The difference between the...

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