Cash out RefiI own my home outright. I want to take out as much as possible for other investments. If I do a cash out refi, can I take the standard 80% of value out? Or is it less since it's a cash out loan? Do I have to report the money taken out on my taxes? Do mortgage companies typically give you the same rates as those purchasing homes?June 08 2010 - Concord00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.