A “Cash Out” Home Refinance Loan involves refinancing your current California Real Estate Loan with a new Home Loan for an amount exceeding your current house debt. This process assumes you have accrued equity in your California home, with the surplus amount referred to as your “Cash Out.”

The “Cash Out” funds are disbursed to you, and the utilization of these funds is at the discretion of the Borrower. Whether for Home Improvements, Debt restructuring, Financial Planning, or even Retirement, the choice is yours.

In contrast, Traditional Refinancing, or Mortgage “Restructure,” replaces your existing Mortgage(s) with a new one maintaining the same balance. There exist various Loan Documentation options for Cash Out Loans.

With Interest Rates dipping, it may be time learn more or to apply for a “Cash Out” Real Estate Loan.

Phone Dan Cassel and his Trinity Mortgage Loan Team at 866-310-1112 to learn more!