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Considering a Cash-Out Refinance?


A Home Equity Line of Credit?

Capitalize on the appreciated value of your home

& get cash from your home's increased equity.


Harry, Thanks so much for seeing the refi through. Looks like everything went through despite the long road to get there. I greatly appreciate your help with this and will be sure to refer! Take care!


What is a Cash-Out Refinance?

A cash-out transaction lets you pay off your current mortgage with a new, larger loan. The balance, after paying off your current mortgage; is what you receive in cash.

For example, with a current loan balance of $200,000, a cash-out refinance with a new loan amount of $250,000, pays off your current mortgage and the excess is refunded to you.

What do you typically do with that money?

  • Get cash from home equity.
  • Buy a second home
  • Pay-off high-interest credit card debt
  • Pay for a vacation
  • Pay for home renovations
  • Pay for a new pool/kitchen
  • Pay for college education

Which type of Cash-Out Refinance is for you?

Conventional loan?



Non-Qualified Loan?

Bank Statement Loan?

Investment Property Cashout?

Once again, Thank you so much for your sage advice. I really appreciate being able to ask all of my questions to you. So glad to have you on my side. Thanks so much..

- Janelle

Are you eligible for a Cash-Out Refinance?

To qualify for cash-out refinancing, you'll have to meet the mortgage lender's requirements, such as an acceptable credit score, payment history, income, and collateral.

Enough home equity

This is the amount of your home’s appraised value less the amount you currently owe.

Required loan-to-value ratio (LTV)

Typically you will need an LTV of at least 80%.

Good credit score

You typically need an adequate credit score and good payment history.


You need to have enough income so your debt-to-income ratio is satisfactory to the lender.

Hi, I am Harry Panosian.

For the last several decades, I have been passionately involved in many facets of the financial services industry in the Valley of the Sun.

As a Certified Financial Planner™ Professional, a Certified Mortgage Consultant®, & a Chartered Financial Consultant™, I have developed strategic solutions to help my clients with their financial goals.

Apply with me now
harry panosian

What is the full process of a cash out refinance?


Choose a lender

Choose a lender and complete a refinance application.


Provide supporting documents

Provide supporting documents, such as pay stubs and W-2 forms.


Get a home appraisal

This is a defining step in the process, as your home's value will determine the amount that you can get from it.



The loan underwriter will review all your documents and approve you for a cash-out refinance



Sign your closing documents and receive the cash-out at closing

Just a note to say thank you for all that you did for me to secure a new loan. You were expedient, efficient, and patient. I hope the year brings you and yours the very best ever. Very nice doing business with you.

- Susan

Apply for a cash out refinance loan now!

If you want to:

  • Get cash from home equity.
  • Buy a second home
  • Pay-off high-interest credit card debt
  • Take a vacation
  • Do home renovations
  • Get a new pool/kitchen
  • Pay for college education

...then it's time to consider a cash-out refinance with one of the best brokers in the Valley!

Apply now by filling out the form below.

I will personally take care of your application, and inform you about your qualification status and next steps, within the next 24 hours