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You have $100,000 in equity, but most lenders won’t let you pocket that full $100,000 in your cash-out refinance. A cash-out refinance pays off your first mortgage and replaces it with a new, larger loan …

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The right home improvements could make your home more appealing to buyers down the line. Your debt-to-income ratio is also considered when you refinance. DTI is calculated by combining all your recurring monthly debt …