Cash-Out Refinance | Lower Mortgage
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Cash-Out Refinance

Turn your home’s equity into cash.

A cash-out refinance lets you replace your mortgage and access extra funds—perfect for renovations, debt consolidation, or major expenses.

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No-impact credit check. No commitment.
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Cash-Out Refinance Benefits

Unlock the power of your home’s equity with a cash-out refi

Make the most of your home’s equity with a cash-out refinance from Lower. Enjoy added flexibility, financial freedom, and tailored options to fit your needs.

Choose flexible loan terms
Use the funds however you want
Enjoy stable monthly payments
Streamline your finances
Access a lump sum of extra cash

30,000+ five star reviews and counting.

Check ‘em out on: Trustpilot | Google | Zillow | Bankrate

"The entire process was quick and simple. they offered the BEST rates, BEST overall payment, LOWEST monthly payment (and closing costs).... GO WITH THESE GUYS if you are refinancing"
Robert
LendingTree
"I reached out to about half a dozen banks when looking for a Home Mortgage. Lower came back with the best rates and the agent was extremely responsive and helpful."
Shane
LendingTree
"Jake and his team provided outstanding customer service we were able to close our deal in record time (19 days). Excellent feedback was also received from the title company regarding the lender."
AJ
Zillow
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Pay off credit cards or other high-interest debt.

Interest rates on credit cards and personal loans can be 5x higher than mortgage rates. Instead of paying that high interest, start with a lower rate for all of your payments with a cash-out refi.

Consolidate debt today

No credit check until you’re ready to refinance.

Your credit is important, so we don't do a hard pull until you're absolutely ready. (And we'll always ask for permission when we do.)

Start the process
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Explore today’s cash-out refinance rates.

Get a personalized quote and see how a cash-out refinance can provide the funds you need at competitive rates. Start unlocking your home’s potential today.

Get a customized rate quote
Frequently Asked Questions

You’ve got home equity questions.
We’ve got answers.

A cash-out refinance replaces your existing mortgage with a new, larger loan and allows you to access a portion of your home equity as cash. It can be a useful option for homeowners who want to tap into the value they have built in their home while keeping everything in one mortgage.

Many borrowers use a cash-out refinance to consolidate higher-interest debt, fund major home improvements, or cover significant expenses such as tuition or other large purchases. Because the new loan pays off your old mortgage and creates a new balance, your rate, term, and monthly payment may all change as part of the process.

It’s different from a home equity loan or a HELOC in that it both lets you access equity and replaces your primary mortgage with a new loan.

How much money can I get with a cash-out refinance?

The amount you can access depends on your home’s equity and loan terms. Typically, lenders allow you to borrow up to 80% of your home’s value.

How are cash-out refinance rates calculated?

Cash-out refinance rates depend on factors like credit score, loan-to-value ratio, and market conditions. Contact us for a personalized quote to find your best rate.

What’s the difference between a cash-out refinance and a home equity loan?

Both options allow you to access your home’s equity, but a cash-out refinance replaces your existing mortgage with a larger one, while a home equity loan is a second loan on top of your mortgage.

Equity Options

Explore more ways to access your home’s value.

Whether you're looking for a lump sum or a flexible line of credit, we have the right option for you.

Learn More

Refinance Resources

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