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12.02.21 Save on Winter Heating Bills / WARNING: Cashing Out Home Equity.

The Clark Howard Podcast

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How to Get a Cash Out Refinance

Yo kiman, mississippi, wrote in to you and said, i'm trying to get a cash out refinance on my house through the bank that i had my mortgage with. She didn't initially ask what the money was for. Please help. Ok, this is an unusual a situation. Normally, if you've got a lot of equity in your home and you want to refi and extract some of it for whatever purpose, the fact that you want to do an upgrade to your h v a c would not be a disqualifying event. Find a shop with on line lenders, credit unions, brokers. You never want to go back just to the place your original loan is

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