Cash-out Refinance

Concept of Cash-out Refinance in the context of Real Property

A short definition of Cash-out Refinance: A new mortgage loan that pays off any existing debts on the property and still gives the borrower cash.

Concept of Cash-out Refinance in the context of Real Property

A short definition of Cash-out Refinance: A new mortgage loan that pays off any existing debts on the property and still gives the borrower cash.