On average how much can a person expect to get when refinancing a house?

Chloe
that depends on the value of your home and your credit worthiness

Paulina
up to 95% on a first mortgage

Christinia
It depends on what state your in. Some allow you to go 100% on a cash out refi and others only 80%. It would also depend on your debt to income ratio and your credit score.

Amy
It depends on; a) how much you paid, B) who much you owe c)and what is the current value of your house.We bought a $62, 000 condo and 3 years later we got a $40, 000.00 loan ONLY due to the fact we only owe $40, 000 and the condo is worth @ $200, 000 now (palm beach county)

Ivey
There are a couple ways to look at this.Some lenders will lend up to 95% of your appraised value.Others have caps on cash out amounts of $100-125k, others go higher.You didn't provide information on how much you owe on your current mortgage(s) or how much you think your house will be appraised at when you go to refinance.

Ivette
There really isn't enough information here for a good answer. I've done cash out refis to 100 percent, but the rates are ugly. How much do you owe? What does the appraisal say your property is worth? How much cash do you need? How long do you intend to keep the loan? What is your credit like? How much money do you make, and can you prove it with tax forms or w2s? How long have you been in that line of work? All these questions and others influence the answer

Joanie
Depends on your income and equity in your home.