Cashout
Turn Your Home Equity into Liquid Capital
Your home is likely your greatest financial asset—why not let it work for you? At Skynet Financial Co., a Cash-Out Refinance allows you to replace your existing mortgage with a new one for a larger amount than you currently owe, taking the difference in tax-free cash. Whether you are looking to reinvest in more real estate, fund a business venture, or simply create a financial safety net, we provide the expertise to help homeowners in Tustin and throughout California unlock their property’s potential.
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Consolidate Debt and Increase Your Monthly Cash Flow
One of the smartest ways to use a Cash-Out Refinance is to pay off high-interest liabilities like credit cards, personal loans, or auto debt. By rolling these high-interest balances into a single, low-interest mortgage payment, you can significantly reduce your total monthly out-of-pocket expenses. Because mortgage interest rates are typically much lower than credit card rates, this “debt restructuring” can save you thousands of dollars in interest every year and help you pay off your total debt much faster.