Would it be better to do a cash out refinance or use a home equity loan to pay credit card debt?

It depends...is your current mortgage rate in line with today's rates? If not, then a cash out refi might be better...We really have to have a complete picture of your current financial situation to advise you on this though. There are a number of factors to consider when making this decision. Contact a local mortgage broker and seek their guidance, not a big bank, and I'm sure they will provide you with sound advice.

Not enough info to answer properly, but as others stated, it really depends on what your current interest rate is on your first now, and what your equity position is.. I'm a big fan of HELOC's, because you apply once, and have unlimited access to your equity whenever you need it without having to reapply each time.. This is great if you're a well disciplined person who will use the line only when necessary.. if you're not that person, then a first mortgage refinance might be a better way to go for you.. so it really depends on a lot of factors... 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. 480-287-5714 WilliamAcres.com

Travis is right, it really depends on where you are now with your current mortgage. If you're pretty close to the current rates then I would suggest trying your local bank for the home equity loan. A lot of times they offer their customers extremely low interest rates. I've seen 0% in the past. The costs would also be less than that of a refinance. Feel free to call me if you have any questions though. 856-853-1234. Good luck to you...Jamie

yes, really depends on the details - how much you need, current rate on the mortgage, etc. You might also look into whether your 401k (if you have one) or life insurance policy offers loans. The can be good alternatives at reasonable rates with little or no fees. That is one advantage of a HELOC - usually the fees are very low but if you want a fixed rate it will be higher than a mortgage would be.