"I highly recommend Aaron for any of your lending needs. He answered all of our questions and walked us thru the whole process. Our refinance was quick, easy, and painless."
Cash-out refinance
Turn your home's equity into cash.
A cash-out refinance replaces your current mortgage with a larger one and gives you the difference in cash. I'll show you the real numbers — including what it costs and where you break even — before you commit to anything.
5.0 ★7 verified reviews
10 yrsIn mortgage lending
NMLS#1713957
See what your equity could do
No cost, no obligation. I'll call you back personally.
Serving Sacramento, Placer, Nevada, El Dorado, Butte & Sierra Counties — and homeowners throughout California.
How a cash-out refinance works
It's a refinance and a withdrawal in one transaction. Here's the actual sequence:
- We establish your home's value. An appraisal determines what the property is worth today, which sets the ceiling on how much you can borrow.
- We calculate your available equity. Most lenders let you borrow up to a set percentage of your home's value — your existing balance comes out of that figure first.
- You choose how much to take. You don't have to take the maximum. We'll look at what the payment becomes at different amounts.
- Your new loan pays off the old one. The difference comes to you in cash at closing, typically a few days after signing.
What people actually use it for
- Home improvements — renovations that often add value back into the property
- Consolidating higher-interest debt — mortgage rates are generally lower than credit card rates, though you're trading unsecured debt for debt secured by your home
- Investment or business capital — using existing equity rather than taking on separate financing
- Large planned expenses — tuition, medical costs, or a major purchase
Worth weighing honestly
A cash-out refinance isn't automatically the right move, and I'd rather tell you that up front than after you've applied. Three things to think through:
- You're resetting the clock. Refinancing into a new 30-year term means starting the amortization over — more total interest across the life of the loan, even at a lower rate.
- Closing costs are real. They come out of the proceeds or get rolled into the balance. The break-even math matters.
- Your home secures the debt. Converting credit card balances into mortgage debt lowers the rate but moves that obligation onto your house.
If the numbers don't work in your favor, I'll say so. You can also run your own break-even figure here.
Client reviews
What working together actually looks like.
"An amazing lender, easy to work with and extremely hardworking. Loved the experience and would definitely work with him again. I did a refi with him as well as a conventional loan."
"Aaron was great. Very easy to work with. Quite knowledgeable on different loan types. He listened to my needs and provided a few different options for me. Together we found a good solution."
Let's find out what your equity is actually worth.
Fifteen minutes on the phone and you'll know where you stand — with no obligation either way.
Aaron Pullano, Loan Officer — NMLS #1713957. Capitol Direct Lending (CDL Mortgage Services, Inc.) — NMLS #132263. Licensed to originate loans in California only. This is not a commitment to lend. All loan programs are subject to credit approval, income verification, and property appraisal and eligibility. Rates, terms, and programs are subject to change without notice. A cash-out refinance increases the balance secured by your home and may increase the total interest paid over the life of the loan. Equal Housing Opportunity.