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A man and woman make home improvements
A cash-out refinance is a way to tap into your home equity.

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Tags
Personal Finance, Loans, Mortgages, mortgage-refinancing, cash-out-refinancing, mortgage-rates, personal-finance-insider, SJ, pfi-bankrate, pfi-reference, pfi-bankrate-cashout-refi, pfi-money, pfi-storytelling
Source
What is a cash out refinance? How to get money from your mortgage