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Many people use cash-out mortgage refinances to pay off debt such as installment loans, auto loans, and student loans, or to consolidate debt into fewer payments. A cash-out refinance may require outstanding debt be paid off as part of the transaction.
U.S. Bank offers two types of cash-out refinance loans:
For help determining the type of refinancing option that’s best for you, please contact a U.S. Bank Loan Officer.
Equal Housing Lender
Loan Approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice.