Is Cash Out Refinance a Good Deal?
I have lived in a fully paid home for the past 5 years and I’m seriously considering getting a mortgage on the home. A lender offered a cash-out refinance loan, is this the best deal out there in my situation? by ryanshaw892 from Cheshire, Connecticut. Oct 14th 2021
Dan Paladin (dpaladin)
#356 ranked lender in California - 792 contributions
Not enough info. Do you need cash? If so, what is the purpose? Payoff higher interest consumer debt? Remodel or upgrades for the home? If there is not a need you have your answer.
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