Nike Toyin Ojo, TX Mortgage Broker on Instagram: "Cash-Out Refinance and HELOC are often confused, but they are not the same thing. Both let you access your home equity, but the structure, interest rates, and long-term impact are very different. One gives you a lump sum with a new mortgage. The other gives you flexible access while keeping your current loan. The right choice depends on your goals, your equity, and your current interest rate. Education always comes before execution. If you’re a h