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What Is a Cash-Out Refinance?
A cash-out refinance is when you take out a new loan that allows you to borrow more than what you currently owe on the property. A loan that is larger than your current loan, gives you the difference as “cash-out” to you to do various things with that money.
Some examples include:
✅Financing home improvements.
✅Investing in other real estate.
✅Investing in business opportunities.
Why Work with a Mortgage Bank for a Cash-Out Refinance?
Working with a mortgage banker gives you a trusted partner as you consider refinancing. At 5280Lend.com, we understand refinancing and what’s required to move forward. We work with homeowners in Colorado to locate and secure the best lending solutions.
Services provided include:
✅Debt Consolidation Loan
✅Investment Property Loan
Contact us: (303) 220-0355