Update: Total Mortgage is still closing loans during the government shutdown.
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15-year fixed cash-out

take money out, save on interest

21 Day Guarantee

We'll close your new purchase in 21 days or less or your first payment is on us*

the perfect loan for

big plans and bright ideas

A 15-year fixed cash-out refinance is a great choice if you’re renovating, investing, or paying down higher-interest debt. Cash-out refinances allow you to nab a lower interest rate while tapping into the equity you’ve built up over the years. It does this by swapping out your loan for a larger one—giving you the difference in cash. A 15-year fixed-rate loan, meanwhile, has the added benefit of minimizing the amount you’ll pay in interest over time.

Happy Couple

Put your equity to work with a cash-out refinance.

benefits

  • The cash to put your plans in action
  • Potential for a lower interest rate
  • Save in interest over the course of the loan
  • Your payment stays the same for the life of the loan

requirements

  • LTV of at least 80% must be maintained
  • An updated home appraisal
  • A debt-to-income ratio under 45%
  • A credit score of at least 620

*Terms and conditions apply.

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