Cashout Equity Review

Overall Score
3.9 out of 5
Trustpilot
Not rated
Loan Volume
Not rated
Editorial Rating
4.0 out of 5

Summary

Cashout Equity is a comparison website that offers homeowners an easy way to compare multiple cashout refinance options in one place.

Highlights

Review
  • Compare Cashout Refinance Options
  • Access funds for home improvements, debt payments, and more
Overall
If you are specifically interested in cash out refinance options, this website might work for you. For any other type of refinance, though, you'll need to look elsewhere.

Cashout Equity Ratings

The team at BestRefinanceRates.com considers a variety of sources and methods to determine an overall ratings score. First, a lender's Trustpilot score (or TrustScore) is factored in, when available. Truspilot, a third-party review site, is a leading source regarding customer satisfaction and consumer sentiment. From there, for lenders that publicly release their financial statements, we research loan origination volume. Loan origination volume is one way to understand a lender's solvency and transactional reliability. Next is brand strength. For lenders who have met a certain threshold of engagement on BestRefinanceRates.com, we measure their relative popularity among our consumers. And finally, we offer our editorial ratings, which rely heavily on in-depth brand research and secret shopping.

Editor Ratings

Loan Variety
Loans Offered Include:
Varies by lender
Cashout Equity focuses specifically on cash out refinance lenders.
Fees
Fees associated with your loan will depend on the lender you end up choosing.
Customer Service
Cashout Equity has a fairly simple website with no clear phone number to reach out to. However, most of your customer service experiences will likely occur with the lender you end up taking out a loan through.
Company Reputation
This company does not have many reviews publicly available. Overall, they offer a relatively simple comparison service, and they do not actually service loans themselves.
Ease of Application Process
Your application experience will depend on your lender of choice.
For Lower Credit Scores
If you have a lower credit score, Cashout Equity might be an easy way to quickly search for potential lenders who would be willing to lend to you despite your credit score.
For Higher Credit Scores
Homeowners with a higher credit score will overall have an easier time finding a lender. If you are interested in a cashout refi in particular, and you'd like a quick way to narrow the pool of potential lenders down, this site might be worth trying.

Additional Ratings

Trustpilot Rating
Not rated
  • Cashout Equity is not rated on Trustpilot
Loan Volume Rating
Not rated
  • Cashout Equity cannot be rated for loan volume
Editorial Ratings
  • Cashout Equity is a useful resource for homeowners who know they want a cashout refinance, but aren't sure where to start with the search for the right lender. Cashout refis are best for homeowners looking to borrow a large sum of money quickly -- think home improvement projects, college funds, or other high-cost situations.

Company Background

Cashout Equity is a cash out refinance comparison website owned by LeadPoint, Inc.