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  2. What are cash-out refinance tax implications? - AOL

    www.aol.com/finance/cash-refinance-tax...

    Tax rules for cash-out refinances. If you plan to itemize deductions, you can deduct the interest you pay on your new mortgage (the first $750,000 or first $375,000 if married and filing ...

  3. Pros and cons of a cash-out refinance - AOL

    www.aol.com/finance/pros-cons-cash-refinance...

    Cash-out refinance pros. Access to a large sum: The biggest upside of a cash-out refinance is that you get the money you need by unlocking home equity you already have. Lower interest rate: A cash ...

  4. Does refinancing a mortgage affect your property taxes? - AOL

    www.aol.com/finance/does-refinancing-mortgage...

    Refinancing a mortgage does not directly affect property taxes, but the terms of the new mortgage could impact how you pay them. The assessed value of your home, set by your local tax authority ...

  5. Cash out refinancing - Wikipedia

    en.wikipedia.org/wiki/Cash_out_refinancing

    The difference between cashout refinancing and a home equity loan are as follows: A home equity loan is a separate loan on top of a first mortgage. A cash-out refinance is a replacement of a first mortgage. The interest rates on a cash-out refinancing are usually, but not always, lower than the interest rate on a home equity loan.

  6. Cash-out refinance: What it is and how it works - AOL

    www.aol.com/finance/cash-refinance-works...

    A cash-out refinance turns your ownership stake into ready money by replacing your current mortgage with a new, larger loan. You receive the difference between the two in a lump-sum payment. You ...

  7. Shared appreciation mortgage - Wikipedia

    en.wikipedia.org/wiki/Shared_appreciation_mortgage

    A shared appreciation mortgage often abbreviated as " SAM" is a mortgage in which the purchaser of a home shared a percentage of the appreciation in the home's value with the lender. In return, the lender agrees to charge an interest rate that is lower than the prevailing market interest rate. The lender agrees to receive some or all of the ...

  8. Remortgage - Wikipedia

    en.wikipedia.org/wiki/Remortgage

    A remortgage (known as refinancing in the United States) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. [1] The term is mainly used commercially in the United Kingdom, though what it describes is not unique to any one country. Often the purpose of switching is to secure a ...

  9. Mortgage refinance: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-refinance-does...

    With refinancing, you can change the loan type as well as your lender. To refinance a mortgage, you'll pay between 2 and 5 percent of the loan amount in closing costs, so if you're refinancing to ...

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