Sign Up For Our Newsletter
Summit Lending - A Direct Mortgage Lender

FREE SEMINAR - REGISTER NOW
Summit Lending Home Loans Mortgages Orange County
A Direct Mortgage Lender

Free Home Loan Mortage Seminar

Quick Contact
888-451-9006



Quick Contact
888-451-9006



Purchase Loans Refinances FHA & VA Loans
Conventional & Jumbo Loans


What Is A Cash-Out Loan?

Back to all FAQs

A cash out loan, also known as a cash-out refinance in Southern California, is the refinancing of your existing mortgage, to obtain a new loan. If you choose to refinance your loan for more than you owe, you may keep the difference in cash, to use to pay off other higher interest debts, make home renovations, or put towards other purchases. Huntington Beach based Summit Lending is available to help you to refinance into a cash-out loan, when you are ready.