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cash-out refinance

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Refinancing a mortgage for more money than it originally covered, to use the extra money for personal purposes. The amount of cash a borrower can take depends on several factors, including the value of the home, amount of the mortgage, income, and credit. The borrower receives this money in a check after closing.
  • encumbrance

  • leasehold impro...

  • demising wall

  • development

  • leasehold inter...

  • mortgage

  • aggregate

  • freehold estate

  • survey

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