Cash-Out Mortgages
HIGH BALANCE & JUMBO CASH-OUT MORTGAGES
30-Year High Balance
Cash-Out Mortgage
Loan Amounts Up To $1,089,300
Cash-Out Up To $1,089,300
7.625% Rate
7.790% APR*
30-Year Jumbo Cash-Out Mortgage
Loan Amounts Up To $2 million
Cash-Out Up To $2 million
6.875% Rate
7.057% APR*
Loan balances up to $1,089,300 for Conventional High Balance mortgages, and up to $2 million for Jumbo mortgages. Take advantage of your home's built-up equity, start home improvement projects, consolidate or pay off credit card and other debts, or simply increase your cash flow with a cash-out refinance.
*APR is annual percentage rate
Rates subject to change.
Rates as of:
March 29th, 2023 @ 8:30am PT
*LEGAL DESCRIPTION
30-Yr Fixed High Balance Cash-Out (Loan Amounts and Cash-Out Up to $1,089,300) has a fixed rate for the entire loan term of 30 years. The interest rate of 7.625% (7.790% APR) assumes a cash-out refinance loan in the amount of $822,375 and an estimated property value of $1,027,969 (80% loan-to-value) for an existing, single-family house located in Contra Costa County, CA, expected to be used as a primary residence. The loan payment of $5,820.72 is due each month for 360 months. The rate lock period is 30 days and the assumed credit score is 760.
30-Yr Fixed Jumbo Cash-Out (Loan Amounts Up to $2,000,000 and Cash-Out Up to $2,000,000) has a fixed rate for the entire loan term of 30 years. The interest rate of 6.875% (7.057% APR) assumes a cash-out refinance loan in the amount of $1.5mm and an estimated property value of $2,142,857 (70% loan-to-value) for an existing, single-family house located in Contra Costa County, CA, expected to be used as a primary residence. The loan payment of $9,853.93 is due each month for 360 months. The rate lock period is 30 days and the assumed credit score is 760.
These rates are not guaranteed and are subject to change. Rates shown are not available in all areas. This is not a credit decision or a commitment to lend. Your guaranteed rate will depend on various factors including loan product, loan size, credit profile, property value, geographic location, occupancy and other factors. If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums.