After Cash Out Refinance in Texas, How Soon Can You Refinance Again?
A section 50(a)(6) loan is another name for a cash out refinance. It enables a homeowner to convert a portion of the equity in their house into cash, typically at an interest rate higher than that of their initial mortgage. Like a standard refinance, obtaining a cash-out refinance entails pulling credit, conducting appraisals and inspections, and handling…
