Home improvements
Renovations typically boost your home value while you live in the upgrade.
Cash-Out Refinance
Your home is your bank.
Refinance your mortgage for more than you owe, and walk away with the difference in cash.
When it makes sense
Common reasons to cash out.
Debt consolidation
Pay off high-interest credit cards with one lower mortgage rate.
Education
Cover tuition without taking on private student loans.
Major purchases
A new car, a wedding, an investment property — your equity is liquid.
Emergency fund
Build a cash cushion at a rate far below personal loans or credit cards.
Lifestyle changes
Career change, sabbatical, or starting a business — cash-out can fund it.
See how much you can take out