What’s Cash-Out Refinance & What Are Its Benefits - PowerPoint PPT Presentation

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What’s Cash-Out Refinance & What Are Its Benefits

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A cash-out refinance substitutes your present house loan with a new mortgage that is larger in comparison to your outstanding loan balance. It lets you realize the benefit of equity you have built up in your house by withdrawing the difference between the 2 mortgages in cash. Then, you can use the money on home remodelling, consolidating high interest debt or fulfilling other monetary goals. – PowerPoint PPT presentation

Number of Views:1
Date added: 1 March 2021
Slides: 4
Provided by: yourcahome
Category: Other

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