Access your home equity unlocking up to 80% of your home’s value—even with less-than-perfect credit.
A cash-out refinance in Texas lets you replace your current mortgage with a new, larger loan—and take the difference in cash. Whether you need funds for home improvements and renovations, to consolidate high interest debts, or major expenses like medical, this option allows you to tap into your home’s equity while potentially securing a lower interest rate.
But Texas has unique rules. Under Section 50(a)(6) of the Texas Constitution, cash-out refinances follow strict guidelines. Let’s break it all down.
Texas has its own unique set of rules when it comes to cash-out refinancing. That’s why it’s essential to work with a mortgage professional who understands the ins and outs of these guidelines — and can help you calculate your cashout refinance accurately, so you stay protected and fully compliant.
Qualifying for a cash-out refinance can feel like a huge relief — it means you’ve built real value in your home, and now you can finally put it to work for you. Whether you’re juggling high-interest debt or need extra cash for life’s unexpected moments, this option offers a path forward with greater financial peace of mind. Here are the basic requirements to qualify:
Most require 620+ (varies by lender)
Ideally below 43%
Must have at least 20% equity (due to the 80% LTV rule).
Need expert advice? Speak to a Texas mortgage specialist today!
Here’s the step-by-step process and what to expect for a refinance with cash out in Texas:
You’ll need sufficient equity (at least 20%) and a minimum credit score of 620 (higher scores secure better rates)
Complete your initial application and authorize a credit check.
Determines your home’s current value for the 80% LTV rule.
Texas law requires this cooling-off period before closing.
Documentation review to ensure compliance with Texas refinance regulations.
You can cancel the loan within three days after signing.
Receive your cash payout after finalizing the new loan.
You’ve worked hard to build equity in your home — now it’s time to let it work for you. Here’s how many homeowners use their cash-out funds:
“I would recommend Gerry to anyone looking for someone to simplify the process and not string you along like the big banks. Thank you Gerry for doing EXACTLY what you told us you would do!” — Ron Reichert
“We are extremely happy and satisfied with the amount of attention and assistance we received. I wish there were more stars to give you guys. You have earned a customer for life.” — Amy Faulkner
“I truly appreciate the stress free experience of getting approved.“ – Tina Dunn
“Jason was incredibly helpful and patient throughout the entire process. He went above and beyond to work around my schedule, making everything so much easier. Highly recommend his services!” — Traci Poulter
Navigating the world of Texas cash-out refinance loans can be complex — but that’s where The Texas Mortgage Pros come in. We’re here to guide you through every step of the refinance process with clarity and confidence.
We have access to a wide network of lenders, ensuring you get the best rates and terms.
We'll walk you through the entire process, answering your questions and offering personalized advice.
We handle the paperwork and legwork, making your cash out refinance Texas as smooth and stress-free as possible.
Ready to explore your Texas cash-out refinance options?
Contact our team today at (877) 280-4833. We’ll help you understand your home’s equity potential while navigating the unique requirements of Texas Section 50(a)(6) loans.
As a result of refinancing, your total finance charges may be higher over the life of the loan.
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply.
