A cash-out refinance replaces your mortgage with a larger loan to access equity as cash. It can lower monthly payments, consolidate debt, or fund home improvements - but it raises your loan balance, may have higher rates and closing costs, and has tax and PMI implications.
Consolidation companies and a range of lenders help combine multiple debts into one payment. We explain methods, benefits, risks, and how to choose the right option in 2025.
Updated guide to using home equity in Texas: define equity, compare home equity loans and HELOCs, outline uses, tax rules, risks, and Texas-specific cautions.
Consolidation loans combine multiple debts into one payment to simplify budgeting and potentially lower monthly costs. They can help manage cash flow but may increase total interest or require collateral. Compare rates, fees, and terms before you consolidate.