The term “Cash-Out Refinance” is the industry standard for home owners that complete a Refinance while taking cash-out from the equity in their home. As a result, when the term “Cash-Out Refinance” is searched, the results are greater than 70,000,000. In 2021 the number of Homeowners topped 83,000,000, so it is safe to say every homeowner, mortgage broker, loan officer to banks and real estate companies and more, all belong to the demographic interested in “Cash-Out Refinance”.
