Let’s discuss HELOC VS Cash Out Refinance, Home Equity Line of Credit (HELOC) and Cash-Out Refinance are both loan options in which you can get cash from your home to do things like modernize your home, pay debts. Cash-Out Refinance is a new first mortgage with more amount of loan than what you owe on your house. This loan option works by refinancing your existing mortgage to a higher loan amount and...