Cash-Out Refinance Loans – Unlock Your Home Equity Smartly
Turn Your Equity Into Opportunity
If you’re a homeowner in Arizona, California, or any of the other states we serve, tapping into your home’s equity through a cash-out refinance could help you pay off debt, invest, or prepare for major life events.
A cash-out refinance lets you replace your current mortgage with a larger loan — and keep the difference as cash. In today’s market, that strategy has to be smart, calculated, and personalized — and that’s where we come in.
Family using equity from home refinance in Phoenix
How Does a Cash-Out Refinance Work?
Simplified Example of Cash-Out Refinance
- Your home is worth $400,000
- You owe $280,000 on your mortgage
- At 75% LTV, a new mortgage could be $300,000
- That means $20,000 in cash out (less closing costs)
That cash can be used for debt consolidation, investing, or personal needs. But today’s rates, lender guidelines, and pricing hits mean shopping the loan matters more than ever.
Why Working with a Mortgage Broker Matters in 2025
Why Working with a Mortgage Broker Matters in 2025
Cash-out refinances come with stricter rules and higher pricing than purchase loans or simple rate-and-term refinances.As a mortgage broker, Wain Capital shops multiple lenders to find the most competitive options for:
- Primary homes, second homes, and investment properties
- Clients with self-employment income or complex financials
- Borrowers comparing cash-out vs. HELOC options
We walk you through every detail — from appraisal to closing — and make sure the numbers work for your long-term goals.
When Is a Cash-Out Refi a Good Idea?
- Paying off high-interest credit cards or personal loans
- Buying an investment property or second home
- Paying for college tuition or business expenses
- Consolidating a second mortgage or HELOC
- Investing in home renovations that add value
Frequently Asked Questions About Cash-Out Refinancing
Q: How much equity do I need to qualify?
A: Most lenders require at least 20% equity, but we help clients explore all options.
Q: Will my interest rate be higher?
A: Cash-out refinances often come with pricing adjustments. We shop multiple lenders to get you the best deal.
Q: Can I use cash-out refinancing for investment properties?
A: Yes, Wain Capital offers programs for primary, second homes, and investment properties in AZ, CA, TX, CO, FL, OR and more.
Q: What is the difference of a refinance and a HELOC?
A: Check out our explanation here
Learn more about Refinance Terms
Let’s Run the Numbers Together
Our team helps you calculate the real cost, breakeven point, and best options for your equity. We’ll show you when a cash-out refi is worth it — and when another strategy might make more sense.
📞 Call us today at 480-336-3737
📆 Or request a free consultation
Serving Arizona, California, Texas, Oregon, Colorado, and Florida.
Based in Scottsdale, AZ | NMLS #1825506