The benefits of both have shifted in today's interest rate climate. Here's what potential borrowers should know now.

A cash-out refinance lets you tap into the equity you’ve built up from years of regular mortgage payments. In exchange for a reduction of equity, you get access to cash that you can use for ...

NerdWallet has picked some of the best cash-out refinance lenders in several categories so you can quickly find lenders that fit your priorities. NerdWallet's mortgage content, including articles ...

I bought two houses for $35,000 each — but when the price is that low, finding a home equity loan or HELOC for renovations is ...

With that said, that might be the only similarity between these two loan types. A cash-out refinance replaces your original mortgage with a larger one in exchange for a lump sum. In contrast ...

The CFPB found that cash-out refi borrowers positively impacted their credit card and auto loan balances as well as credit ...

15-year cash-out refinance When you refinance your mortgage, you'll need to decide whether you want to do a rate-and-term or cash-out refinance. The difference is that you won't be taking any ...

But a cash-out refinance does just that — by replacing your existing mortgage, you can draw a lump sum from the value accrued in your home. There are considerations to weigh, of course.

It is among the largest originators of VA loans in the U.S. Nationwide availability Available in all 50 U.S. states and Washington, D.C. (Cash-out refinancing not available in Texas) Online lender ...