Cash Out Refinance

(719) 600-2228

Refinance with Historically Low Rates!

Cashing out refers to the refinancing of a loan where the borrowers will borrow money on their own home. If a home is appraised at $100,000 and the borrower’s outstanding mortgage loan is $60,000, it is possible to enter into an 80% cash-out refinance transaction for a loan of $80,000 (80% of $100,000). The new mortgage of $80,000 will pay off the $60,000 loan and leave $20,000 cash-out to the borrowers.

What are the benefits?

By cashing out on your home, you can obtain cash on the value of your own home to pay off debts or upcoming expenses. The refinance transaction can also provide you with a better mortgage loan interest rate that will save on your monthly mortgage payments during the loan. And it’s tax-deductible.

How can we help?

If you are looking for this type of refinancing, Evergreen 360 can find a program suited to your financial needs. We offer cash-out programs for Owner-occupied homes and Non-owner occupied homes, with low, affordable rates.

Schedule Your Free Consultation

Complete this 30-second form to receive a no-obligation consultation. We will analyze your situation and determine the best solution.

Let’s chart your path to financial freedom today.
Services Of Interest

What is 7+4?

Scroll to Top