Case Study: Scottsdale Cash-Out Refinance Success in 2026

The Homeowner's Goal: Fund a Remodel & Consolidate Debt

A recent client in Scottsdale, AZ, faced a common 2026 challenge. They had significant equity in their home due to rising property values but were also managing high-interest credit card debt. Their primary goal was to remodel their outdated kitchen, but they didn't want to take out a separate, high-interest personal loan to do it. They also wanted to get their credit card debt under control.

The Strategic Solution: A Cash-Out Refinance

We analyzed their situation and found a solution that accomplished both goals. By refinancing their original mortgage with a cash-out refinance, we were able to:

1. Pay off their entire high-interest credit card balance (over $30,000).
2. Provide them with $65,000 in cash for their kitchen remodel.
3. Consolidate everything into a new, single mortgage payment.

The Result: A Lower Total Payment

Even after pulling out $65,000 in cash and paying off their debt, their new mortgage payment was lower than their previous mortgage + credit card payments combined. They eliminated their high-interest debt, funded their dream kitchen, and improved their monthly cash flow, all with one simple transaction. This is a perfect example of using your home's equity to improve your financial position. Calculate your equity to see what's possible for you.