Fha Cash Out Program cash out refinance home loan rules for cash out refinance cash out refinance home loan b5-4.1-02: texas Section 50(a)(6) Loan Eligibility (12/19/2017) – refinance classifications. lenders should be aware that Fannie Mae’s classification of loan transactions as "cash-out refinance" or "limited cash-out refinance" may differ from the way loans are classified under Texas law.