Cash-Out Refinance in Florida

Replace your mortgage with a larger one and take the difference in cash. You tap your Florida home equity at first-mortgage rates.

80%

Max LTV

Any purpose

Use

620

Min Score

Primary / 2nd / rental

Florida

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Get Pre-Approved in Cash-Out Refinance

5 minutes · No cost · Soft credit pull only

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NMLS# 1859012 · Equal Housing Lender

Cash-Out Refinance · Florida

Cash-Out Refinance From a Florida Mortgage Broker

A cash-out refinance pays off your existing loan with a new, larger one. It hands you the difference in cash. Florida homeowners use it for renovations, debt payoff, tuition, or an investment down payment. The rates sit well below credit cards or personal loans.

Most lenders let you borrow up to 80% of your home value on a primary residence. The equity above that 20% cushion stays put. The cash is yours to use for anything. Because it is secured by the home, the rate is far lower than unsecured borrowing.

As a broker we compare a cash-out refinance against a HELOC and a home equity loan. You keep the option that costs the least over your timeline. If your current rate is already low, a second-lien HELOC can beat refinancing the whole balance. We will tell you when that is the case.

Cash-Out Refinance at a Glance

✓Borrow up to 80% of value on a primary home, less on rentals.

✓Use the cash for anything — renovation, debt, investing, tuition.

✓First-mortgage rates, far below cards or personal loans.

✓We compare it head-to-head with a HELOC before you commit.

Go deeper on the cash-out refinance: Requirements · Rates · Calculator · Guide.

For a neutral overview of how refinancing works and what to weigh, see the CFPB's guide to refinancing your mortgage.

Cash-Out Refinance by City

Miami · Orlando · Tampa · Jacksonville · Fort Lauderdale · West Palm Beach · Boynton Beach · Port St. Lucie · Naples · Cape Coral.

Cash-Out Refinance Snapshot

Max LTV80%

UseAny purpose

Min Score620

FloridaPrimary / 2nd / rental

How It Works

Apply Online

5 min · soft credit pull only

Break-Even Check

We confirm the savings beat the cost

Processing

Our team handles paperwork

Typically 21–30 days

FAQ

Cash-Out Refinance Questions

How much cash can I take out refinancing in Florida?

On a primary residence most lenders cap a cash-out refinance at 80% of your home value. You keep at least 20% equity. Investment properties are usually limited to 70-75%. We calculate your exact available cash from a current valuation.

Is a cash-out refinance better than a HELOC?

It depends on your current rate. If your mortgage rate is high, replacing it cash-out can be cheaper. If it is already low, a HELOC that leaves the first mortgage alone often wins. We run both so you keep the lower lifetime cost.

Keep Going

Cash-Out Refinance Requirements Cash-Out Refinance Rates Cash-Out Refinance Calculator Cash-Out Refinance Guide All Refinance Options Get a Refinance Quote

Cash-Out Refinance?

A licensed Florida mortgage broker who runs your break-even before you pay a cent — honest numbers, no pressure.

(561) 300-0380

Figures are illustrative only and vary by credit score, loan amount, equity, and market conditions. Subject to credit approval. Not a commitment to lend. NMLS# 1859012. Equal Housing Lender.