You have hefty financial goals or need to make a big-ticket purchase but don’t quite have the cash on hand. A cash-out refinance could be an option if you have a sizable amount of equity in your home.

Maurie Backman is a personal finance writer who covers topics ranging from Social Security to credit cards to mortgages to REITs. She also has an editing background and appears on live podcasts to ...

A cash-out refinance can help you get the cash needed to purchase a second home. But is it a strategic move, or should you pursue other financing options? To decide, familiarize yourself with how this ...

A cash-out refinance replaces your current mortgage with a new, bigger one that converts some of your home’s equity to cash. The terms of your refinanced mortgage might significantly differ from your ...

When someone gets a VA cash-out refinance, they are applying for a new loan, a new interest rate and new monthly payments. Veterans who qualify can apply for this loan in order to receive cash based ...

Home equity loan refinances can reduce your monthly payments, though there are some risks to be aware of. As home equity loan rates continue to decline, homeowners may consider a home equity loan ...

Investing in rental properties requires extensive knowledge of the market, plus a little bit of strategy. The BRRRR method is a common real estate investment strategy used to buy fixer-uppers, perform ...

Refinancing replaces your current mortgage with a new one, adjusting the rate, term or both. With refinancing, you can change the loan type and lender. To refinance a mortgage, you’ll pay between 2 ...

If you have an existing VA loan, you can refinance it to get a better interest rate, change your loan term or tap into your home equity. To qualify for a VA mortgage refinance, you'll need to meet ...