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Toby Stanfield Headshot

Toby Stanfield

Loan Officer
Movement Mortgage
NMLS ID # 115244

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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Toby Stanfield Headshot
Toby Stanfield
Loan Officer
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620 Green Valley Rd, Ste 208, Greensboro, NC 27408
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NMLS # 115244

State License #NC-I-159335, SC-MLO - 115244, VA-MLO-68169VA