A Cash-Out Refinance Turns Home Equity Into 💰💰💰💰

funds can be used for anything — from home improvements to paying off high interest credit cards

Cash-Out Refinance: The 6 Best Uses For Your Cash Out Funds As home prices appreciate and interest rates hover around historic lows, homeowners can tap their home equity more easily. With a cash-out refinance, you can typically cash out up to 80% of your home equity. U.S. homeowners use cash-out refinance loans for many reasons. However, some reasons are "better" and make more financial sense than others. Here are some of the best uses for a cash-out refinance: Complete home improvement projects. Pay off high-interest credit card debt. Buy an investment property.

Protect a business against cash-flow emergencies.
 

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