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You can use the built up equity in your home to get cash using a cash-out refinance. A cash-out refinance is a new loan for the amount of your mortgage plus up to 80% of the loan-to-value ratio that you would receive as cash. The new loan will have a single loan payment.
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Founder and Director of Mortgage Zone, has more than 20 years experience in the lending space and is an avid property.
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