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Teresa Hagood Headshot

Teresa Hagood

Branch Leader
Movement Mortgage
NMLS ID # 245180

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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Teresa Hagood Headshot
Teresa Hagood
Branch Leader
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22980 Highway 72, Suite B, Athens, AL 35613
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NMLS # 245180

State License #AL-87505, GA-245180, TN-245180, NE