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Cash-Out Refinance in Florida

Replace your mortgage with a larger one and take the difference in cash — 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
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 and hands you the difference in cash. Florida homeowners use it for renovations, debt payoff, tuition, or an investment down payment — at rates well below credit cards or personal loans.

Most lenders let you borrow up to 80% of your home value on a primary residence, so the equity above that 20% cushion stays put. The cash is yours to use for anything, and 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 so you keep the option that costs the least over your timeline. If your current rate is already low, we will tell you when a second-lien HELOC beats refinancing the whole balance.

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: Cash-Out Refinance Requirements · Cash-Out Refinance Rates · Cash-Out Refinance Calculator · Cash-Out Refinance Guide.

Cash-Out Refinance Snapshot
Max LTV80%
UseAny purpose
Min Score620
FloridaPrimary / 2nd / rental
How It Works
01
Apply Online
5 min · soft credit pull only
02
Break-Even Check
We confirm the savings beat the cost
03
Processing
Our team handles paperwork
04
Close
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, so 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 RequirementsCash-Out Refinance RatesCash-Out Refinance CalculatorCash-Out Refinance GuideAll Refinance OptionsGet 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.