Whether you are looking to receive cash out from the increased value of your property to use for debt consolidation, or for any other purpose, we have a loan product cash-out refinance mortgage options could be the solution.
Our cash-out refinance mortgage offers flexibility and variety so you can meet your needs: obtaining cash for other investments, reducing a rate and monthly payment, or use the cash for working capital.
Most importantly, there is no seasoning to ownership or the condition. If a property was just recently rehabbed, our lender will fund based on the new and improved value… and allow cash out based on that new value.
Property Types: 1- to 4-unit investment properties
Terms: up to 2 years
Loan to Value: 65% of “new” or improved value