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Cash-out refinance

Is your home ready for a reno?

You could use a cash-out mortgage refinance with NuMark to help finance those renovation dreams. Their team of mortgage experts are ready to discuss your goals and find the option best suited for your budget. NuMark can help you finish those big projects and reach your fantastic future faster.

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Family doing a home reno

How a Cash-Out Refinance Works

A Cash-Out Refinance is a way to refinance your mortgage and borrow additional money at the same time. By refinancing your home at a higher amount than your current mortgage, you’re able to pay off the existing mortgage, and receive the cash difference at closing.

It can be a great tool to help you get rid of costly high interest debt or pay for home projects. Just remember home improvement projects can start small but grow quickly and cost more than originally planned. If you’re looking to redo your kitchen, add on a sunroom, or renovate your basement, a Cash-Out Refinance may be the best option for you. Keep in mind that as with any mortgage loan, it’s a good idea to work with a lender that you trust and who will show you all the best loan options for you.

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Meeting with a mortgage expert

Connect with Our Mortgage Experts

Built on community and backed by years of experience, our local mortgage lending team is here to help you make the most of your home’s equity. Whether you’re planning home improvements, consolidating debt, or funding life’s next big goal, we’ll help you explore cash-out refinance options that fit your budget. From application to closing, we’re here to guide you every step of the way.

Meet the Team

mortgagestaff@numarkcu.org
815-744-7497
NMLS#405831
Ofrecemos servicios y recursos en español.

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Cash-Out Refinancing Resources

At NuMark, we’re here to empower you with the tools and resources to make smart financial decisions. With our FREE financial wellness tool, Enrich, you’ll find articles, videos, and short courses designed to support you at every stage of your financial journey.

Explore some of the refinancing resources below to help you take the next step:

Find a Location

Aurora

403 Asbury Drive
Aurora IL 60502

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Bridgeport

3040 S. Halsted St.
Chicago IL 60608

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Countryside

9809 W. 55th Street
Countryside IL 60525

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Crest Hill

2380 Caton Farm Road
Crest Hill IL 60403

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Earlville

137 N Main Street
P.O. Box 547
Earlville IL 60518

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Joliet

Mail to: PO Box 2729 Joliet, IL 60434
1654 Terry Drive
Joliet IL 60436

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Lemont

1201 State Street
Lemont IL 60439

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New Lenox

951 E. Lincoln Highway
New Lenox IL 60451

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Paw Paw

235 Chicago Road
P.O. Box 7
Paw Paw IL 61353

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Plainfield

12251 S. Route 59
Plainfield IL 60585

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Sublette

303 S. Pennsylvania Avenue
P.O. Box 20
Sublette IL 61367

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Tinley Park

8001 W. 159th Street
Tinley Park IL 60477

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Warrenville

3S555 Winfield Road
Warrenville IL 60555

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