A cash-out refinance replaces your current Florida mortgage with a new, larger loan and pays you the difference in cash at closing — no home sale, no second mortgage payment. Most conventional programs allow borrowing up to 80% of your home's appraised value. Refinance activity in Florida rose 11% year-over-year in Q4 2025, according to ATTOM Data Solutions, as more homeowners explored putting built-up equity to work.
Pull equity from an existing property to fund the down payment on your next DSCR-financed investment, without liquidating other assets.
Access capital for your business without a business loan application — using equity you've already built in your home.
Replace high-interest credit card or personal loan debt with a single mortgage payment, often at a materially lower rate.
Fund impact windows, roof upgrades, or major renovations — improvements that can also reduce your homeowners insurance premium.
We review your current loan balance, home value, and how much you may be able to access.
We compare cash-out refinance against a home equity loan or HELOC to confirm which structure fits your goal.
Your new loan is underwritten and the home is appraised to confirm current value.
Your existing mortgage is paid off, a new loan is put in place, and the cash difference is disbursed to you.
If your goal is simply a lower rate or a different loan term — not accessing equity — a rate-and-term refinance may fit better.
Compare Rate & Term Refinance →Private consultation with Kelly or Ray Nadeau. We'll review your current loan, your goals, and whether cash-out refinance is the right fit — no obligation.
📞 321-321-9455 · Kelly Nadeau NMLS #1027618 · Ray Nadeau NMLS #1027617