Mortgage in Alabama

Alabama Cash-out Refinance


What can you do with the money from cash-out refinance?

With a cash-out refinance, Alabama residents can pay off high interest credit card debt, risky home equity lines of credit, student loans, or any other debt. You can also use the money for home improvements, a new car, your child’s wedding or a dream a vacation- really, whatever you want. These loans offer a variety of adjustable and fixed mortgage rates along with any term you like from 5-30 years.

What are the benefits of a cash out refinance mortgage?

  • Cash out to 80% of your home’s value to pay off high interest debt
  • Cash back for home improvements
  • Consolidate risky second mortgages or lines of credit
  • Potentially save hundreds or even thousands of dollars per month
  • Low mortgage rates and closing in as little as 14-days
  • A month without mortgage payments
  • Same day pre-approval & in-house underwriting

A cash-out refinance allows you to turn equity in your home  into cash and we set up a new home loan for you. This is debt consolidation made easy! We’ll can help you lower your debt, decrease your monthly payment, and lighten the amount of stress in your life. Alabama Loan Experts can close your cash out refinance in as little as 14 days and get you the cash you need. No one will take care of you like The Mike Carey Team of Alabama Loan Experts.

We have created a team of hardworking mortgage professionals, who enjoy serving homeowners with integrity and enthusiasm. We place our value in the high level of service we provide to borrowers, Realtors, builders and each other. Our team is committed to excellence and doing the right thing, every time. If you share our values and commitment to providing exceptional customer service, please consider joining our team.

Alabama Home Loans & Mortgages

Best Home Mortgage Options For Ideal Borrower Situations

Pay Off High Interest Debt and Cash-out Equity In Your Home

Flexible Home Mortgage Guidelines With Attractive Rates

Refinance Your Current Home Mortgage Without An Appraisal

Higher-Dollar Home Loans From A Trusted Mortgage Lender

No Down Payment VA Home Loan For Military Veterans & Active Duty

Home Mortgage For Business Owners & Self-Employed

Get a 5-min Home Loan Approval & Close Your Mortgage in 14-days!

The Mike Carey Team – Offices Located in Foley and Orange Beach

150 West Section #100
Foley, AL 36535

WHy CHoose Alabama Loan Experts


Our customer first approach to mortgages is what separates us from all of the other banks and mortgage companies. Our team will walk you through the process to ensure that your loan closes in a very timely manner. Our competition may think our philosophy on face-to-face customer service is excessive but our clients sure do appreciate it.


As a direct mortgage lender, our process has been streamlined from start to finish. Having the entire mortgage loan process contained under one roof allows us to quickly and efficiently close your loan. Our ability to use the newest mortgage loan products and underwrite our own files, allows us to approve loans that our competitors can’t.


Our team has set the standard in the mortgage industry. We hire only the best in the business. Our knowledge and experience is unmatched. We continue to train and study new mortgage loan programs to make us the best choice for mortgage refinancing and home purchases, debt consolidation, Conventional, FHA, HARP, VA, and Jumbo Loans available.


We provide you with several different mortgage loan options to ensure that you find the mortgage loan program that best fits your needs. Because of the volume of mortgage loans our team closes and the great relationships we have forged within our industry, we’re able to offer the most competitive mortgage interest rates to our clients.