You own a Colorado home and have paid it down while prices held. A cash-out refinance can roll card balances and loans into one mortgage payment, or fund a project. Tell us what the cash would do, and a licensed Colorado loan officer runs your actual numbers and tells you whether it helps, or whether it does not.
The pressure behind the searches, from sources we checked.
$7,267
Average credit card balance for a Colorado cardholder, up 6.5% from 2024 to 2025. The median balance is $3,305.
Source: The Washington Post, June 2026
$622,500
Denver metro single-family median price, flat year over year. In the Pikes Peak region, single-family and patio homes: $470,000, down 2.1%. Equity built over the last decade is mostly still there.
Source: Colorado Association of Realtors, September 2026
100.8%
Rise in Colorado home insurance premiums since 2020, now the third highest in the country.
Source: ColoradoBiz, 2026
You send the form. Two minutes, no credit pull, no obligation.
A licensed Colorado loan officer calls within one business day, looks at your actual situation, and tells you what is realistic.
If there is a fit, you get a written plan and a short document checklist. If there is not, you get told that too, along with what would change the answer.
Sending this does not pull your credit and does not obligate you to anything. Lenddy.io, LLC, NMLS #2849217, is a licensed Colorado mortgage broker. This is not a commitment to lend; all loans are subject to credit approval and program guidelines. By submitting, you agree that a Lenddy loan officer may call or email you about your inquiry.
A cash-out refinance replaces your current mortgage with a larger one and hands you what is left after payoffs and costs at closing. If the new payment is lower than everything you pay today put together, the math works. If it is not, we say so.
Which family of programs fits depends on how your income is documented, your payment history, and how much of the home's value you want to borrow against. Lenddy is a broker, so the question is which program fits, if one does.
If the equity is thin, or a recent credit event would price the loan badly, a few months can change the picture. Part of the call is checking whether that is true for you before anything is pulled or signed.
You take a new, larger mortgage that pays off your current one, and what is left after payoffs and costs comes to you at closing. The new loan has its own term and payment, so the call is about whether that one payment beats what you pay today across the mortgage and the debts it clears.
It depends on the program, the home's value, what you owe, and your credit and income picture. Every program keeps a share of the value untouched. Roughly what the home is worth and what you owe is enough to start the conversation.
When it lowers the total going out each month and you are done adding to the cards, it can be. When it only moves the balance onto the house and the cards fill up again, it is not. We run both numbers with you and say which one you are looking at.
Sending this form does not touch your credit. A formal application involves one mortgage inquiry with a small, temporary effect, and paying off revolving balances often helps the score over the following months.
No. Different programs draw their lines in different places, and payment history on the mortgage itself carries a lot of weight. A licensed Colorado loan officer tells you which doors are open, if any, rather than quoting a number that is wrong for half the people reading it.