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Last updated: May 2026How we rate

Best Cash-Out Refinance Lenders

One loan. New rate. Cash in hand.

Cash-out refinancing replaces your existing mortgage with a new, larger one — the difference is paid to you in cash. It makes sense when the new rate is competitive with your current rate AND you need the cash for a high-ROI use. Compare lenders before you commit.

Are you eligible for a better rate?

1
Alpha Lending logo
Best for Overall pick
Alpha Lending539 reviews by Trustpilot
Apply online in minutes

Editorial review of Alpha Lending is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 5.99%–24.99% APR
  • Loan amount: $1,000 to $100,000
7.6
Good
See my rate
More Details:

APR

5.99%–24.99% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

580+ credit

2
Beta Financial logo
Best for Lowest APR
Beta Financial951 reviews by Trustpilot
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Editorial review of Beta Financial is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 6.24%–24.49% APR
  • Loan amount: $1,000 to $100,000
7.8
Good
See my rate
More Details:

APR

6.24%–24.49% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

600+ credit

3
Gamma Bank logo
Best for Fast funding
Gamma Bank1,363 reviews by Trustpilot
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Editorial review of Gamma Bank is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 6.49%–23.99% APR
  • Loan amount: $1,000 to $100,000
8.0
Very good
See my rate
More Details:

APR

6.49%–23.99% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

620+ credit

4
Delta CU logo
Best for Bad credit
Delta CU1,775 reviews by Trustpilot
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Editorial review of Delta CU is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 6.74%–23.49% APR
  • Loan amount: $1,000 to $100,000
8.2
Very good
See my rate
More Details:

APR

6.74%–23.49% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

640+ credit

5
Epsilon Direct logo
Best for Large loans
Epsilon Direct2,187 reviews by Trustpilot
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Editorial review of Epsilon Direct is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 6.99%–22.99% APR
  • Loan amount: $1,000 to $100,000
8.4
Very good
See my rate
More Details:

APR

6.99%–22.99% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

580+ credit

6
Zeta Capital logo
Best for Customer service
Zeta Capital2,599 reviews by Trustpilot
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Editorial review of Zeta Capital is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 7.24%–22.49% APR
  • Loan amount: $1,000 to $100,000
8.6
Very good
See my rate
More Details:

APR

7.24%–22.49% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

600+ credit

7
Eta Lending logo
Best for Soft credit pull
Eta Lending3,011 reviews by Trustpilot
Apply online in minutes

Editorial review of Eta Lending is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 7.49%–21.99% APR
  • Loan amount: $1,000 to $100,000
8.8
Very good
See my rate
More Details:

APR

7.49%–21.99% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

620+ credit

8
Theta Loans logo
Best for No origination fee
Theta Loans3,423 reviews by Trustpilot
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Editorial review of Theta Loans is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 7.74%–21.49% APR
  • Loan amount: $1,000 to $100,000
9.0
Excellent
See my rate
More Details:

APR

7.74%–21.49% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

640+ credit

9
Iota Mortgage logo
Best for Repeat borrowers
Iota Mortgage3,835 reviews by Trustpilot
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Editorial review of Iota Mortgage is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 7.99%–20.99% APR
  • Loan amount: $1,000 to $100,000
7.6
Good
See my rate
More Details:

APR

7.99%–20.99% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

580+ credit

10
Kappa Trust logo
Best for Branch network
Kappa Trust4,247 reviews by Trustpilot
Apply online in minutes

Editorial review of Kappa Trust is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 8.24%–20.49% APR
  • Loan amount: $1,000 to $100,000
7.8
Good
See my rate
More Details:

APR

8.24%–20.49% APR

Loan amount

$1,000 to $100,000

Term

12–84 mo

Min credit

600+ credit

Our Top Choice

Most Popular on comparebankloans
Alpha Lending logo
Best for Overall pick
Alpha Lending539 reviews by Trustpilot
Apply online in minutes

Editorial review of Alpha Lending is in progress. Final scoring and methodology notes ship with the next content release.

  • APR: 5.99%–24.99% APR
  • Loan amount: $1,000 to $100,000
7.6
Good
See my rate

Frequently asked questions

  • Cash-out refi vs HELOC — which wins?
    Cash-out wins when current rates are at or below your existing mortgage rate (you replace the whole loan). HELOC wins when your current rate is meaningfully lower than today's market (you keep the first mortgage and add a second). Run the math on both before deciding.
  • How much cash can I pull out?
    Most conventional lenders cap combined loan-to-value at 80% (sometimes 75% for investment properties). FHA goes to 80%, VA up to 90% for eligible borrowers. On a $500k home with a $200k mortgage at 80% LTV, you could pull out roughly $200k.
  • Are closing costs higher than a regular refinance?
    Generally similar — 2-5% of the new loan amount. Some lenders charge a slightly higher rate for cash-out vs. rate-and-term refinance (0.125-0.25% premium) to compensate for the increased risk profile.
  • When does cash-out refinancing make sense?
    When the cash funds high-ROI uses: paying off higher-rate credit card debt, home improvements that materially raise property value, or starting a business. Not for: vacations, weddings, depreciating assets, or covering recurring lifestyle expenses.