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 is a 15- or 30-year cash-out refinance?

With a 15-year cash-out refinance, a borrower has 15 years to repay the loan. Similarly, in a 30-year cash-out, the borrower has 30 years to pay back the loan.

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