{"id":5810,"date":"2015-09-09T15:51:00","date_gmt":"2015-09-09T15:51:00","guid":{"rendered":"\/?page_id=5810"},"modified":"2018-09-19T17:10:53","modified_gmt":"2018-09-19T17:10:53","slug":"cash-out-refinance","status":"publish","type":"page","link":"https:\/\/evergreenprotect.com\/mortgage\/cash-out-refinance\/","title":{"rendered":"Cash-Out Refinance"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" style=\"padding: 0 15px 15px 0;\" src=\"\/wp-content\/uploads\/2015\/09\/cashout.jpg\" alt=\"cashout\" width=\"350\" height=\"367\" \/><\/p>\n<h3 style=\"margin-top: 0; padding-top:0;\">What is Cash-Out Refinancing?<\/h3>\n<p>With a cash-out refinance loan, you refinance your current mortgage for more than you currently owe, then cash out the difference.<\/p>\n<h3>Why Cash-Out Refinance?<\/h3>\n<p>Cash-out refinance loans provide the flexibility and variety so that individuals can meet a diverse range of needs, such as:<\/p>\n<ul>\n<li>Obtaining cash for home improvements or major purchases<\/li>\n<li>Paying off high interest rate debt (credit cards, auto loans, etc.)<\/li>\n<\/ul>\n<p>Moreover, all related closing and financing costs and prepaid items can be rolled into the new loan amount, enabling greater cash flow potential for the borrower.<\/p>\n<p>In addition to all the above-mentioned features, cash-out refinance loans may also be customized to allow the borrowers in special circumstances to use the proceeds of the refinance transaction to buy out the equity of a co-owner.<\/p>\n<h3>How to Get a Cash-Out Refinance Loan<\/h3>\n<p>Cash-out refinance loans are quite common these days for the number of advantages it offers. Individuals seeking a cash-out refinance loan are advised to pre-qualify before applying. This helps them understand how much they can borrow and pre-qualification is usually done over the telephone or online via the Web.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is Cash-Out Refinancing? With a cash-out refinance loan, you refinance your current mortgage for more than you currently owe, then cash out the difference. Why Cash-Out Refinance? Cash-out refinance loans provide the flexibility and variety so that individuals can meet a diverse range of needs, such as: Obtaining cash for home improvements or major [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":5760,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/pages\/5810"}],"collection":[{"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/comments?post=5810"}],"version-history":[{"count":0,"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/pages\/5810\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/pages\/5760"}],"wp:attachment":[{"href":"https:\/\/evergreenprotect.com\/wp-json\/wp\/v2\/media?parent=5810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}