what can cashback refinance be used for?

Home repairs are a good, valid use.

There are no restrictions on how you use the funds you receive from a cash out refinance. Understand that Texas has some pretty strict rules when it comes to cash out refinancing, so it's best you contact a local mortgage professional vs. one of the internet lenders.. your transaction will go much more easier. .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

You can use the funds any way you want to. If home improvements/repairs are planned there are also renovation and repair-escrow loans that are available as an alternative and may better meet your needs.

You can use the cash for anything your heart desires, especially home repairs. Best wishes, Sean