5 a means to faucet the equity within the a property you’ve got paid step 1. Cash-aside re-finance An earnings-out re-finance try a new mortgage. You take aside that loan larger than extent you still are obligated to pay (that is no when it comes to a property you possess totally free and you will obvious), and you have the balance when you look at the dollars at closing. This option is good if you would like take out a