Get Cash

From Your Home


Tap Into Your Home Equity

You Have Options

Get Cash From Your Home And Put Your Equity To Work For You

If you’re considering a cash out refinance to cover the cost of home improvements, credit card debt, or unexpected medical expenses, we at American Pacific Mortgage are here to help.

To get cash from your home, you can do a couple of things. You can get a home equity line of credit (Heloc), or you can refinance your mortgage and get extra cash at closing through a cash-out refinance.

What is home equity? Equity is your ownership in your home, or the difference between what your home is worth and what you owe on the mortgages or liens.

You can build and increase the equity in your home in the following ways:

  • The appreciation of your home’s value over time
  • Renovations or improvements made that increase the value
  • Cash provided for the original down payment (depending on value and market conditions)
  • Payments made toward the principal balance of the mortgage

What can a cash out refinance be used for? Anything you want. Make improvements to your home, put money down on a second home or investment property, pay for school, take a vacation, purchase an automobile, fund your retirement … it is your cash, and you can do what you like with it!

A cash out loan with a low interest rate may be a better solution than high-interest credit cards if you have unexpected medical bills, unforeseen expenses, or surprise improvements that need to be made on your home.

How much cash can you get from your home? Our team can show you how much your monthly payments would be with a new loan or additional home equity line of credit. Contact Us today speak with Scott.


Cash Out Refinance

Refinance your existing mortgage and receive the cash equity from your home. A Fixed Rate term, will give you the peace of mind knowing that your rates and payments will remain the same throughout the life of your new loan. If rates drop lower in the future, you can always refinance to get a lower monthly payment.

Refinance with an Adjustable Rate for even lower interest and monthly payments for a determined period of time. If you have short term goals and want to maximize your available cash for a period of five, seven, or even ten years, an Adjustable Rate may help you reach them.

Home Equity Line of Credit

A Home Equity Line of Credit (HELOC) allows you to draw and pay interest only on an amount that you need. Instead of taking all your equity out at once, you can have a draw period of many years in which you can access your cash when you need it. A HELOC typically only requires an interest only payment during the draw period, making it a flexible tool when you want to borrow only the amount you need when you need it.

Home Equity Loan

A Home Equity Loan is a one time loan with a fixed interest rate and the same payments each month, paid off over a determined amount of time. When you know exactly how much you need for a one time purchase, bill, or repair, a Home Equity Loan can be a valuable tool to access a lump sum.

Contact Us

Scott Hill Team
NMLS# 309812 | CA BRE 01332532

American Pacific Mortgage
3190 S. Bascom Avenue
Suite #100
San Jose, CA 95124
(408) 626-0394
Fax: (408) 558-4421

Get a FREE Rate Quote

Call or Text 408-626-0394



Copyright © 2016 Scott Hill Team NMLS# 309812 | CA BRE 01332532 American Pacific Mortgage Privacy Policy | Submit Feedback | Legal/Licensing

CA BRE#01332532/01215943 NMLS#309812/1850 Licensed by the Department of business oversight under the CRMLS


American Pacific Mortgage 3190 S. Bascom Avenue Suite 100 San Jose, CA 95124

Phone: (408) 626-0394 | Fax: (408) 558-4421 | E-mail: