A Cash-Out Refinance. Turn Your Home Equity Into Cash.
Tap the equity you have built to fund renovations, consolidate debt, or reach your goals, all through a single cash-out refinance.
One loan. Flexible ways to buy.
However you earn, there’s likely a path to approval.
- Replace your mortgage with a larger one and take the difference
- Standard documentation: income, assets, and credit
- Primary residence, second home, or investment property*
- A full appraisal is normally required
- Conforming and jumbo options available*
- Cash out prices differently from a rate and term refinance
Loans from eligible amounts up to conforming loan limits*
Buy, refinance, or take cash out
Primary, second home, or investment property
Standard documentation: income, assets, and credit
Low-down-payment options available*
Fixed-rate and adjustable-rate (ARM) options
What is the Saxton Cash-Out Refinance?
Replacing your mortgage with a larger one and taking the difference in cash
The Saxton Cash-Out Refinance is a full-featured mortgage that follows Fannie Mae and Freddie Mac guidelines, written for owners with real equity and a reason to reach it.
Qualify with standard documentation: income, assets, and credit reviewed the usual way.
Use it to purchase a home, refinance your current mortgage, or take cash out of your equity, on a primary residence, second home, or investment property, with loan amounts up to $832,750, or up to $1,249,125 in higher-cost counties.*
Why choose Saxton, a California cash-out refinance lender?
Built for qualified buyers whose standard documentation don’t tell the whole story.
Consolidating Debt
Replacing higher cost balances with one mortgage payment is the most common reason owners reach for this.
Funding A Project
A renovation, a repair, or a purchase elsewhere, funded from equity rather than from a separate loan.
Move-Up & Repeat Buyers
Reach the equity in this home, or refinance and move on.
What It Costs You
Cash out prices higher than a rate and term refinance because it carries more risk. Worth knowing before you compare quotes.
Watch The First Rate
If your existing rate is low, replacing it to reach equity can cost more than a second lien would. Compare both.
A Second Lien Instead
A HELOC or a home equity loan sits behind your first mortgage and leaves it alone. Often the better answer right now.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about cash out refinancing.
Loan limits follow the annual conforming limits set by county. For 2026 the one-unit limit is $832,750, rising to $1,249,125 in higher-cost counties, with jumbo options above those limits.
Yes. Low-down-payment options make buying your first home more attainable.*
Home improvements, debt consolidation, education, major purchases, or other financial goals.
There is no fixed minimum credit score on this program. Eligibility is determined by automated underwriting, which weighs your credit history alongside your income, assets, and the property. Stronger credit generally opens more options.
What you bring to closing is cash for closing costs, prepaid taxes and insurance, and any escrow funding, and some of that can often be rolled into the new loan. What decides the size of the loan is the equity in the property and the requirements that apply to your file.*
Yes. Fixed-rate and adjustable-rate (ARM) options are available on eligible programs.
Yes. A cash-out refinance replaces your existing first mortgage with a new one.
Saxton is headquartered in San Diego and licensed in 40 states. Inside California that covers Los Angeles, the Inland Empire, the Central Valley and the Bay Area, including markets like Walnut Creek, Victorville and Bakersfield. The same cash-out refinance is available in Nevada, Arizona, Washington, Florida and most of the rest of the country. A few states, Texas among them, layer their own cash-out rules on top, so the state your property sits in can change the details even though it rarely changes whether we can help.
Find out what you qualify for
Whether you’re buying, refinancing, or pulling cash out, there’s likely a Saxton Cash-Out Refinance program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified- Consumer Financial Protection Bureau, mortgages
- Consumer Financial Protection Bureau, buying a house: tools and resources for homebuyers
*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Loan limits follow the annual conforming limits set by county. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.