Refinance/Cash Out

Looking for extra cash from your investment property? We offer a Cash-out Refinance Program that provides a fast, easy, and reliable solution to extract equity from properties owned free and clear or with an existing loan. Our program offers leverage at the best possible rate without affecting the debt-to-income ratio or credit report.

Program Details

Interest Rate:

Rates start at 7%

Credit Score (FICO):

Minimum 600

Max Loan to Value:

Up to 75% LTV

Foreign investor: Up to 65% LTV

Property Type:

Single family, 2-4 unit residential, Multifamily, Mixed-use, Office and retail

Loan Term:

30 year fixed rate

Principle and interest only or interest only

Income Verification:

No income verification

Foreign Investors Loans:

No social security number required

No credit score required

No U.S address required

No U.S investment experience required

No seasoning

No sourcing of funds

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FAQs

What is a refinance/cash-out loan?

A refinance/cash-out loan allows property owners to refinance their existing mortgage and borrow more than they currently owe, taking the difference in cash. This is often used for home improvements, consolidating debt, or other financial needs.

Who can qualify for a refinance/cash-out loan?

Homeowners with sufficient equity in their property, a good credit score, and a stable income are typically eligible for a refinance/cash-out loan. Lenders will also assess the current value of the property during the application process.

What are the benefits of refinancing with a cash-out option?

Benefits include access to a lump sum of cash at relatively low interest rates, potential tax deductions for interest payments, and the opportunity to consolidate high-interest debts.

Are there risks associated with refinance/cash-out loans?

Yes, since you're increasing the loan amount, there's a higher risk of falling into debt. Also, if property values decline, you could end up owing more than your home is worth.

How does a cash-out refinance affect my mortgage terms?

It can change your loan's interest rate, monthly payments, and term. Depending on your financial goals, you might end up with a lower rate or a longer loan term to reduce monthly payments.