Cash-Out Refinance
In need of extra cash? Have untapped equity in an investment property? Look no further than our Cash-out Refinance Program. Our fast, easy, and reliable program can be used to extract cash from properties owned free and clear, or refinance an existing loan with added equity. These loans do not report on credit and thus do not affect the debt-to-income ratio. Utilizing our cash-out refinance program allows investors to receive the best possible leverage at the best possible rate.
Cash-Out Refinance Details
Interest Rate:
Rates Starting at 6.99%
DSCR (Debt Service Coverage Ratio):
DSCR Minimum of 1.1
Property Type:
Single Family and 2-4 Unit Multifamily
Income Verification:
No Income Verification
Credit Score (FICO):
Minimum FICO of 680
Max Loan to Value:
Up to 75% LTV
Seasoning Requirement:
Minimum Seasoning of 6 Months Leased
Loan Term:
30-Year Fixed Rate Term