Yes! Depending on your situation and factors of your current loan, you may be eligible to receive cash out. There are numerous factors that come into play when deciding your qualification - a general guideline is that your loan to value (LTV) does not exceed 80% as well as a back-end debt to income ratio that does not exceed 45%.

If any of that is confusing, or you want to partner up with one of our loan officers to examine your specific scenario, we encourage that. Everyone's situation is different - please reach out to for any questions or to be connected to a friendly RedDoor loan officer!

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