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By Craig Johnson

3 Good Uses of a Cash-Out Refi

A cash-out refi can supercharge your mortgage with a new low interest rate and line your pockets too, but this is not mad money.

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Here we discuss three of the best reasons to consider a cash-out refinance. When you combine a much lower interest rate with a good purpose for the funds, you stand to benefit greatly. See If I Qualify What Is a Cash-Out Refinance? A homeowner who has built up equity can convert some of it to cash by replacing an existing home loan with a new, la...
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