Use the equity you've establish
A cash-out refinance allows you to tap into the equity you have built up in your home. And, if you are currently paying for mortgage insurance and your loan-to-value has decreased, you may qualify for a loan without mortgage insurance.
he 5.1% week-to-week hike in mortgage applications has piggybacked largely on robust growth in the volume of refinancing.
What documents do you need to get pre approved?
If you are a wage earner
2 Most recent Pay Stubs, Bank Statements, and W2s
Most recent Tax Returns
If you are self-employed or some part of your income/loss comes from a business you own:
2 Most recent tax returns (Personal and Company)