Although interest rates are on the rise, it's still a great time to purchase a home. Speak with one of our expert loan officers today!

What are the cash-out refinance requirements?

There are no specific requirements for cash-out refinancing, but for any refinancing, you’ll need equity in your home, have a credit score of at least 620 and a debt-to-income ratio of less than 50%. Additionally, it is worth noting that the maximum you can borrow is up to 80% of the appraised value of your home.

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