Refinance & cash-out
Rate-and-term or cash-out refinancing for investment properties, used to replace existing debt, retire a short-term loan, or access equity.
- Loan size
- $500K – $5M
- Property
- 1–4 unit residential
- Occupancy
- Non-owner occupied
- Capital
- Private & alternative
How refinance & cash-out loans work
A refinance replaces the debt on a property you already own. Investors commonly refinance to pay off a maturing bridge or rehab loan, to move to a structure that better fits a long-term hold, or to access equity through a cash-out refinance for the next acquisition.
Available leverage in a cash-out refinance depends on the current appraised value, the property’s income and condition, the borrower’s profile, and the lender’s guidelines, including any seasoning requirements tied to how long the property has been owned.
Commonly used for
- Paying off a maturing bridge or rehab loan
- Moving to a structure suited to a long-term hold
- Accessing equity for the next acquisition
What lenders look at
- Current value and existing debt
- Seasoning since acquisition or renovation
- Intended use of cash-out proceeds
- Rental income for hold strategies
Rate, leverage, fees and term depend on the deal and the lender. All loans are subject to lender underwriting and approval.
Questions
Can you refinance an existing property?
Yes. We work on rate-and-term and cash-out refinances of investment properties, including paying off maturing bridge or renovation loans. Eligibility and available leverage depend on the property’s current value, condition, income, how long it has been owned, and the lender’s guidelines.
What determines loan terms?
Terms are set by the lender, not by us, and reflect the full transaction: loan amount and leverage, property type, location and condition, the business plan and exit, the borrower’s experience, credit, and liquidity, and prevailing market conditions.
Rates, fees, loan term, and other conditions vary by transaction and lender. Any terms are subject to lender underwriting and final approval.
What credit score is required?
There is no single minimum. Credit requirements vary by lender and program, and credit is considered together with the property, the loan-to-value, liquidity, and experience. A stronger overall profile generally provides access to more options and better terms.
The credit score range on our request form helps us understand which sources may be a fit. Submitting a request does not by itself involve a credit inquiry; any credit review would be part of a lender’s formal application process.
What information do I need to submit?
To start, our financing request form asks for the property address and type, purchase price or current value, requested loan amount, loan purpose, renovation budget if any, your experience, an approximate credit range, and your timeline.
If the transaction moves forward, lenders commonly request items such as a purchase contract, a scope of work and budget, entity documents, bank statements, a schedule of real estate owned, and leases or rent rolls for rental properties. Exact requirements vary by lender.
Have a deal in mind?
Tell us the property, the price, and what you need. An advisor will call you back to talk it through.