Home Equity Loan Or Refinance With Cash Out Cash Out Refiance SAN MATEO, CALIF. (prweb) october 11, 2018 – As home prices continue to rise around the country, home equity levels have reached historical levels. Yet many homeowners are not sure about refinancing.home equity loans and cash-out refinances allow you to access that value, or your home equity, to unlock the true investment potential of your home. They can be used to pay off home improvements, augment a college fund, consolidate debt or give your retirement fund a boost.Texas Cash Out Laws How Does A Cash Out Refinance Work The VA cash-out refi is an option worth looking into for many reasons. It’s a great refinance option to help pay off credit cards or other bills. Or maybe you would like to take out some money to do some home improvements. Whatever the reason there are many benefits of the cash-out refinance VA loan.