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Purchase Refinance Is this a cash-out refinance [?] Because the cost of a No Cash-Out and a Cash-Out refinance differ slightly, it is critical that you accurately describe the nature of your refinance. A Cash-Out refinance exists when your loan proceeds: • Pay any non-mortgage debt such as credit cards, auto loans, etc. • Pay a second mortgage that was not used to purchase the home. • Give you more than $2,000* cash back at closing. *On a No Cash-Out Loan you can receive the lesser of $2,000 or 2% of the loan amount. Yes No
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877 905-0005

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