The Streamline Refinance maintains the principal balance of your loan and cannot be used to borrow from the equity in your home. Members can apply for a cash-out mortgage refinance to refinance their current mortgage and borrow additional funds from the equity in the home. Additionally, a Smartline Home Equity Line of Credit can be used to borrow from the equity in your home without refinancing your current mortgage. For some members, it may make sense to consider both a Streamline Refinance to lower the mortgage interest rate and a Smartline Home Equity Line of Credit to borrow from the equity in the home.