In this blog series, we simplify common mortgage terms and explain them in 300 words or less.
In 300 Words Or Less: Home Equity Loan vs. Cash Out Refinance
What Is The Difference? Two of the most often confused terms when it comes to mortgages are “home equity loan,” and “cash out refinance.” One the surface, it’s easy to understand why – both are used to access equity tied up in one’s home. The reasons to pursue either range from wanting to complete a kitchen [...]