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  1. May 26, 2022 · What Is a Cash-Out Refinance? A cash-out refinance is a mortgage refinancing option that lets you convert home equity into cash. A new mortgage is taken out for more than your previous mortgage ...

  2. The meaning of CASH OUT is to convert (noncash assets) to cash. How to use cash out in a sentence.

  3. Apr 19, 2024 · A cash-out refinance is when you replace your current mortgage with a larger loan and receive the difference in cash. Two important things to remember: The amount you can borrow is based on the amount of equity you have in your home.

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