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Cash-Out Refinance in Spring, The Woodlands & Houston, TX

A cash-out refinance replaces your current mortgage with a new, larger loan, and you receive the difference in cash. Homeowners across Spring, The Woodlands, and Houston use it to pay off high-interest debt, fund renovations, cover tuition, or invest.

Andrew Hooey of Game On Mortgage celebrating a closing with a Houston-area client

Texas Cash-Out Rules You Should Know

Texas has some of the most consumer-protective home equity laws in the country. When you take cash out of your homestead, the loan is a Texas Section 50(a)(6) home equity loan, and special rules apply:

80% maximum: total loans on your homestead can't exceed 80% of the home's value, whatever the loan type.

12-day waiting period between receiving the required Texas disclosure and closing.

3-day right to cancel after closing.

Fee limits on certain closing costs, and generally only one home equity loan every 12 months.

Investment properties aren't homesteads, so different cash-out guidelines apply.

Is It the Right Move?

Cash-out refinancing can save a lot when it replaces high-rate debt, but it isn't right for everyone, especially if your current rate is much lower than today's rates. I'll compare it with other options so you can see the full cost before deciding.

Why Work With Game On Mortgage?

I'm Andrew Hooey, an independent mortgage broker based in Spring, TX. Instead of offering one bank's products, I shop your loan across multiple wholesale lenders and bring back the option that fits you best. Game On Mortgage has funded over $150 million in loans with a 97% customer satisfaction rate, and we serve buyers and homeowners across Spring, The Woodlands, and the greater Houston area.

Related loan programs:FHA Streamline Refinance, VA Streamline Refinance (IRRRL), DSCR & Investor Loans. See all loan programs.

Fill out the form for a quick quote, or call me directly at (713) 446-2420.

Andrew Hooey, NMLS #1808045. Game On Mortgage, LLC, NMLS #2468752. Not a commitment to lend. All loans subject to credit approval, property eligibility, and program guidelines. Program terms and limits are subject to change.