The Smart Way to Invest

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This program is a super fast, hassle-free solution designed to help Real Estate Investors cash out of existing investment properties.

Unique Loan Terms

Diamond Platinum Gold Silver Jumbo
Payments Interest Only Interest Only Interest Only Interest Only Interest Only
Rate – 1st Mortgage 7.95 – 9.95% 8.95 – 10.95% 10.95 – 12.95% 12.95% TBD
Term (Years) 1 – Year 1 – Year 1 – Year 1 – Year TBD
Prepay (Years) None None None None None
Max LTV 65%
2-4 Unit – Reduce LTV by 5%
65% 65% N/A TBD
Max CLTV 75% 75% 75% 75% TBD
Min. Loan Amount $75K $60K $60K N/A $500K
Max Loan Amount $500K $500K $250K $500K $2MM
Down Payment 15% of TCC
(Purchase, Rehab & Closing Costs)
Min 10% Down Min 10% Down N/A TBD
Title Company or Land Trust Company or Land Trust Company or Land Trust Company or Land Trust Company or Land Trust
Personal Guarantor Mandatory
Anyone with more than 25% ownership must qualify
Mandatory Mandatory Mandatory Mandatory
Min. Credit Score 600
660 min for NY, NJ, MD, CT, IL, IN
600 600 600 650
Reserves 6 months 6 months 4 months 6 months Case by case
Interest on Undrawn Funds None None None None None

FAQs

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How Cashout Refinance Works

How it works

Free up capital with the equity from an owned investment property to finance it’s repairs and then sell it or rent it. This program is a super fast, hassle-free solution designed to help Real Estate Investors cash out of existing investment properties.

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