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Cash-Out Refinance & Cash-Out Mortgage Options with Wise Capital Mortgage
Turn your home’s equity into smart, low-cost cash. Whether you’re planning a remodel, consolidating debt, or investing in your next property, Wise Capital Mortgage makes it simple to **refinance your home loan** with a modern, data-driven **cash out refinance** strategy.
Our team monitors **mortgage refinance rates** daily using AI-powered tools so you can lock in competitive terms, faster approvals, and a smarter plan for your money.
No obligation · Soft inquiry pre-qualification · Fast answers
⭐ 5-Star Experience
Trusted by homeowners and investors nationwide.
⚡ Fast Closings
Streamlined process with closings often in 10–21 days.
💰 Smart Equity Strategy
Guidance on when a cash out refi beats other options.
What Is a Cash-Out Refinance?
A cash-out refinance replaces your existing mortgage with a new, slightly larger home loan. The new loan pays off your old mortgage, and you receive the difference as cash at closing.
Most lenders allow you to borrow up to around 80% of your home’s value, while keeping at least 20% equity in place. This makes a cash-out refinance one of the lowest-cost ways to access larger amounts of money compared to credit cards or personal loans.
- One new mortgage with a single payment
- Fixed-rate and adjustable-rate options, depending on your scenario
- Potential to improve loan terms while unlocking equity
Top 10 Uses for Cash-Out Refinances
Homeowners use a cash out refinance for far more than just remodeling. Here are the most common, high-impact ways clients at Wise Capital Mortgage put their equity to work:
- Home renovations & upgrades (kitchens, baths, flooring, roofs)
- Debt consolidation for high-interest credit cards & personal loans
- Adding an ADU or rental unit to create new monthly income
- Funding investment properties or down payments on rentals
- College tuition or private school costs
- Launching or scaling a business with lower-cost capital
- Major life events like weddings, new babies, or relocations
- Energy efficiency upgrades (solar, windows, insulation)
- Buying out a partner or spouse in a property settlement
- Building a cash reserve for peace of mind and flexibility
A well-structured cash-out mortgage can be a powerful financial tool when aligned with a clear strategy. Our advisors help you decide how much to pull and how to deploy it wisely.
Cash-Out Refinance vs Home Equity Loan vs HELOC
Not sure whether a cash out refi, a home equity loan, or a home equity line of credit (HELOC) is right for you? Here’s a simple comparison:
Cash-Out Refinance
- Replaces your existing mortgage with a new one
- One payment, one interest rate, one loan term
- Great when you want to improve your overall mortgage and pull cash
Home Equity Loan
- Second mortgage on top of your first loan
- Usually fixed rate, fixed payment, lump sum at closing
- Useful if your first mortgage rate is already very low
HELOC (Home Equity Line)
- Revolving line of credit against your equity
- Variable rate, flexible draws over time
- Good for ongoing projects or future “just in case” needs
Wise Capital Mortgage will run side-by-side scenarios so you can see which option aligns best with your cash needs, payment comfort, and long-term goals.
Smarter Cash-Out Decisions with AI-Powered Rate Monitoring
The market moves fast. That’s why Wise Capital Mortgage uses modern technology and AI-powered tools to track **mortgage refinance rates** across multiple lenders every day.
- Identify rate windows that may benefit a cash-out refinance
- Compare lenders and programs in real time
- Lock in your new rate at the right moment for your strategy
Instead of guessing when to refinance your home loan, we give you a clear, data-backed roadmap.
View Live Refinance Rate Watch →
Who Is a Cash-Out Mortgage Best For?
A cash-out refinance can be a smart fit if you:
- Have built solid equity in your home
- Plan to stay in the home for a few more years
- Want to simplify to one mortgage payment
- Need $20,000+ for projects, debts, or investments
- Prefer predictable payments over variable HELOC rates
- Want to restructure your finances with expert guidance
Our 4-Step Cash-Out Refinance Process
We designed our process to feel personal, transparent, and fast — without the typical big-bank friction.
- Discovery Call or Online Application – Share goals and upload basic info.
- Scenario & Rate Shopping – We compare cash out refi options across lenders.
- Lock & Underwriting – Once you approve a plan, we lock the rate and finalize docs.
- Closing & Cash in Hand – Sign, fund, and receive your cash (usually within days of closing).
Real Stories from Wise Capital Clients
“We used a cash-out refinance to pay off credit cards and remodel our kitchen. Wise Capital made everything clear and we closed in just a few weeks.”
— A. Miller, Homeowner
“The team helped us compare a HELOC, a home equity loan, and a cash out refi. We chose the option that lowered our payment and gave us funds to buy a rental.”
— J. Rodriguez, Investor
Ready to See How Much Cash You Can Unlock?
In just a few minutes, we can help you estimate your maximum cash-out amount, compare programs, and understand how a cash-out refinance would impact your monthly payment.
Cash-Out Refinance FAQ
How much cash can I get from a cash-out refinance?
Most borrowers can access up to about 80% of their home’s value, depending on credit, income, property type, and program guidelines. We’ll calculate your exact maximum during your consult.
Will a cash-out refinance change my interest rate and term?
Yes. Because we’re replacing your current mortgage with a new one, your rate and payoff timeline may change. We’ll structure your new loan so you clearly see the tradeoffs between rate, term, and cash-out.
How is a cash-out refinance different from just refinancing my rate?
A standard rate-and-term refinance simply changes your interest rate, term, or both. A cash-out refinance increases your loan amount so you can take equity out in cash while also updating your mortgage terms.
Can I do a cash-out refinance on an investment property or second home?
In many cases, yes — guidelines are tighter and pricing can be different, but investors often use cash-out refinances to access capital for new deals. We work with many investors and can show you options.
How often can I refinance my home loan?
Many programs have “seasoning” requirements, often around six months between refinances, but this varies by loan type. The bigger question is whether the numbers make sense — we’ll walk you through that math.
More Mortgage Tools & Resources
Let’s Build Your Cash-Out Strategy Today
Your home has been working hard for you. Now it’s time to put that equity to work — on your terms. Start your application or book a quick strategy call with Wise Capital Mortgage.
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