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Should I Pay for Home Renovations by Refinancing? – At NerdWallet, we adhere to strict. rates have given some homeowners the option to refinance their mortgage and free up extra cash, either through lower monthly mortgage payments or a “cash out”.
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Home Equity Loan vs. Cash-Out Refinance: Ways to Tap Your Home’s Value – A home equity loan and a cash-out refinance are two ways to access the value that has. assistant vice president at Navy Federal Credit Union. To figure out how much home equity you have, find out.