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Steve Schutt

Steve Schutt

Branch Leader
Movement Mortgage
NMLS ID # 342876

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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Steve Schutt
Steve Schutt
Branch Leader
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1054 John Sims Parkway, Niceville, FL 32578
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NMLS # 342876

State License #AL-84247, AR-128099, CO-100536605, FL-LO85230, GA-342876, IL-031.0076927, LA, MN-MLO-342876, NC-I-207795, OH-MLO-OH.342876, SC-MLO-342876, TN-342876, TX, VA-MLO-60872VA