Cash-Out Refinance: Requirements, Rates & How to Apply
Refinance your existing mortgage for more than you owe and receive the difference in cash. Access your home equity through your first lien.
620
Min Credit Score
0%
Min Down Payment
50%
Max DTI
home-equity
Category
Key Takeaways
- ✓ Minimum credit score requirement: 620.
- ✓ Minimum down payment: 0% of the purchase price.
- ✓ Maximum debt-to-income (DTI) ratio: 50%.
- ✓ Refinance your existing mortgage for more than you owe and receive the difference in cash. Access your home equity through your first lien.
Related Resources
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