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Eric Formiller Headshot

Eric Formiller

Loan Officer
Movement Mortgage
NMLS ID # 485383

Movement Blog

how-does-a-cash-out-refi

October 20, 2025

What Is a Cash-Out Refinance, and How Does It Work?

If you’ve built equity in your home, a cash-out refinance could help you put that value to work. This option allows you to refinance your current mortgage and borrow against your home’s equity at the same time. Whether you’re...

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Eric Formiller Headshot
Eric Formiller
Loan Officer
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27401 Los Altos Suite 100, Mission Viejo, CA 92691
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NMLS # 485383

State License #CA Department of Financial Protection & Innovation (DFPI) under the California Residential Mortgage Lending Act-DFPI485383