You consolidate two major debts into one single monthly mortgage payment.
If you have high equity, you can buy a vehicle that might be difficult to finance through traditional auto lenders (like a classic car or a custom RV). ⚠️ The Risks refinance house to buy car
Refinancing involves appraisal fees, title insurance, and origination fees (usually 2%–5% of the loan amount). You consolidate two major debts into one single