The key number to remember with a cash-out refinance is an 80% loan-to-value ratio since that's the loan limit set by Fannie Mae and Freddie Mac. In other words, you can borrow up to 80% of your ...

With this type of refinance, you take out additional funds beyond the amount needed to pay the existing loan so you can receive a lump sum of cash. For both Fannie Mae and Freddie Mac cash-out ...

Refinancings, particularly the cash-out version, helped to drive mortgage product availability and rate lock activity during ...

A Fannie Mae loan program to help low-equity homeowners refinance was paused in January ... especially for first time buyers. Check out the lenders that specialize in making the home buying ...