What is a Cash-Out Refinance?

Replaces your existing mortgage with a new one at a new rate. You receive a lump sum of cash from your home's equity. Ideal if you want to lock in a fixed rate or consolidate debt. Great for larger projects like home remodels or major purchases. One monthly payment — simple and predictable.

What is a HELOC (Home Equity Line of Credit)?

Works like a credit card backed by your home's equity. Borrow what you need, when you need it — and pay interest only on what you use. Ideal for ongoing expenses like home upgrades or tuition. Flexible access to funds over time. Keep your current mortgage and rate intact.

ACCESS YOUR
HOMES EQUITY

Access the cash you’ve built through your mortgage and use it where it matters most, whether for home upgrades or paying off high-interest debt. Our team helps you choose between a cash-out refinance or HELOC so you can make the most of your equity, confidently.

PUT YOUR
EQUITY TO WORK

Your home has built value, and now it’s time to put that value to work for you. We’ll help you turn your equity into flexible cash you can use for what matters most, with clear guidance every step of the way.

Here’s What to Expect:

Simple options: Cash-out refinance or HELOC. We’ll help you choose what fits your goals.
Straightforward process: No jargon or guesswork, just honest answers and expert support.
Smart use of equity: Pay off debt, fund renovations, or invest in your future.
Real savings: Competitive rates and personalized terms designed around your goals.
Trusted experts: A team that treats your home and your plan like it’s their own.

Ask an Expert

Learn more

CASHOUT REFINANCE VS. HELOC

Not sure which option fits you best? Here’s how they compare.

Cash-Out Refinance

Replaces your existing mortgage with a new one at a new rate.
You receive a lump sum of cash from your home’s equity.
Ideal if you want to lock in a fixed rate or consolidate debt.
Great for larger projects like home remodels or major purchases.
One monthly payment — simple and predictable.

Best for: Homeowners who want cash upfront and possibly a better interest rate.

HELOC (Home Equity Line of Credit)

Works like a credit card backed by your home’s equity.
Borrow what you need, when you need it — and pay interest only on what you use.
Ideal for ongoing expenses like home upgrades or tuition.
Flexible access to funds over time.
Keep your current mortgage and rate intact.

Best for: Homeowners who want flexible access to cash over time.

Not sure which is right for you?

We’ll walk you through both options and help you choose what fits your goals — not ours

Ask an expert

How it works

Step 1

Start Online

Share a few quick details about your home and loan.

Step 2

Review Your Options

See how much equity you can access.

Compare My Options

Step 3

Access Your Funds

Close with confidence and clarity.

Start The Process

Why Timing Matters

Markets move fast, and so do opportunities. Refinancing at the right time can help you:

Lower your interest rate
Access cash for important goals
Reduce monthly payments
Pay off your loan sooner

Ask an Expert

Learn more

Types of Purchase Loans We Offer

Pick your path and we’ll guide you every step of the way

See If You Qualify

Traditional mortgage options

VA Purchase Loan: Buy a home with no down payment and no PMI.

Non-traditional Loans

VA Purchase Loan: Buy a home with no down payment and no PMI.

Investor loans

VA Purchase Loan: Buy a home with no down payment and no PMI.

VA loan options

VA Purchase Loan: Buy a home with no down payment and no PMI.

What our
clients say

Scott Spitolnick, Florida

We worked with Gale Austin, who is definitely knowledgable and patient. He never hesitated to answer any questions we had and his communication with us was phenomenal. He really made a somewhat daunting process very simple and seamless. Definitely a 5 star experience with him and the New Era Lending team.

Jamie Leija Walthour

Juan and Valerie kept me advised several times a week throughout the complete refinancing process with texts and phone calls above and beyond anyone i have ever dealt with in the past and would highly recommend them to everyone. Thank you again Juan and Valerie for your professionalism, expertise, and experience!