If you favor to avoid taking out a mortgage on your home improvement venture, a cash-out mortgage refinance is an option that could allow you to access 1000’s of dollars. With this sort of refinance, you tap into your home’s equity (which is your home’s worth minus your remaining mortgage balance). You get a model new mortgage with an impressive House & Home Improvement balance that’s larger than your current one, and you obtain the distinction between the two loans in money. To qualify for a cash-out refinance, you typically have to have a minimum of 20% equity in your…