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Truist, Bank of America and Citi named top cash-out refinance lenders
The August 2026 roundup highlights lenders offering cash-out refinancing across conventional, VA, FHA and jumbo loan types, including jumbo refinance amounts averaging over $1 million at Citi in 2024.
A new August 2026 ranking from Yahoo Finance spotlights lenders offering cash-out refinance loans, a product that lets borrowers replace an existing mortgage and pull a lump sum from home equity.
The list calls out Truist Bank for its range of cash-out refinance options across conventional, VA, FHA and jumbo loans, noting that its estimated rates can be adjusted by one, or zero, discount points.
Yahoo Finance also highlights Bank of America, pointing to a home value estimator used as a starting point for exploring a cash-out refinance. The outlet adds that existing customers may be able to qualify for interest rate reductions or a lower origination fee.
For jumbo borrowers, the roundup spotlights Citi Mortgage, saying it has a track record of refinancing loans with median amounts in the seven-figure range. Yahoo Finance notes that Citi’s median loan refinance amount exceeded $1 million in 2024 and mentions that new and existing Citibank customers may qualify for interest rate discounts or a closing cost credit.