I was recently a featured guest on an incredibly popular podcast called the Overseas Property Insider Podcast with Taylor White. In the episode we talk about the incredible potential homeowners have to tap into their equity.
In the episode, we talk about how to cash out U.S. real estate to buy property overseas. But no matter what you need the cash for, this podcast will let you know what you can and can’t do when it comes to turning your home’s equity into cold, hard cash.
Cash from a cash out refinance can be used for any purpose. As long as you have enough equity and qualify for the loan, the lender will approve the loan and give you cash, no matter what you plan to use it for. The lender simply could care less what the money is for.
In this podcast, we talk about ways to cash out your home using
- FHA cash out loans
- VA cash out refinance up to 100% of your home’s current value
- Conventional loan cash out refinances
- Reverse mortgages
- Home equity loans and home equity lines of credit (HELOCs)