Better Mortgage Loans & Refinance Services NMLS #1231327

Get cash out of your home equity by refinancing your mortgage!

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Newfi provides cash out refinancing that lets you take the equity out of your home for cash needs like:

  • Paying off credit cards or other high-interest debt
  • Home improvements or repairs
  • Big ticket expenses like college

How does a cash out refinance work?

With a cash out refinance, you take out a new mortgage for an amount higher than what you still owe on your home. After you pay off your old mortgage, the remainder is cash that you can use for your other financial needs.

Some things to know about cash out refinances:

  • Cash out refis are often cheaper than home equity loans, since they become your new primary loan
  • Interest payments are often tax deductible, unlike credit card or other debt payments*
  • If you borrow more than 80% of your home’s equity, you may require mortgage insurance

Why should you talk to Newfi?

Newfi is a direct mortgage lender with years of experience. We offer loans at reasonable rates when some other lenders can’t.

Talk to the mortgage finance specialists at Newfi. We’ll understand your needs and help find the right solution. Call us at (888) 316-3934 or use the contact form below.

* Newfi does not provide tax or accounting advice. This advertisement is not intended to provide, and should not be relied on for, tax advice. Consult your tax advisor before engaging in any borrowing transaction. 

“The mortgage process can be very daunting…
It was great to have someone working as my advocate”.

– Maureen R.
Santa Clara, CA

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Fill out this contact form and talk to us. We’re not here to sell your information to the highest bidder — we’re empowered to make loans directly to commercial borrowers.

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