Turn your Equity into CASH
Get cash when you need it most with a refinance.
Turn your equity into cash fast!
Fill out your information for a quick estimate of how much cash you can access
Customer Experiences
Cash Out Process with Milend
Step 1 Get Started with your Application
It can take as little as 15 minutes over the phone for your Mortgage Consultant to get to know your situation, your goals, and your credit history. From there, they’ll go over your best loan options with the best savings for your needs.
Step 2 Consultation with your Mortgage Consultant
In your personal consultation, your loan officer will draw upon years of mortgage experience and collaboration with other loan experts to put together the best loan options for you based on your unique needs and financial goals.
Step 3 Get an Appraisal
Get an appraisal to determine the current value of the property you want to purchase or refinance. An appraiser is an independent 3rd party who visits your property to take photos and measurements to help determine its value.
Step 4 Gather Key Documents
Gather and submit all the documentation that your loan officer or processor requests to process and close your new loan. These documents include things like W2s, paystubs, and bank statements. All of our processing is done in-house, so you can expect a seamless experience and a guide to walk you through each step to complete your loan paperwork.
Step 5 Finalize Loan Paperwork
Finalize and sign your loan application and get ready to close on your new loan. Milend can coordinate an independent closing attorney to come to a convenient location for you and oversee finalizing the paperwork to secure and lock in your best rate!
Step 6 Underwriters verify the Details
Prior to closing, your underwriter will verify details about your identity, credit history and financial situation, including your income, employment, cash reserves, investments and debts before your loan can be approved and funded.
Step 7 Enjoy your Funds!
Congratulations! You’ve transformed your equity into cash available to use however you wish.