Your cash-out options
- DSCR cash-out: 30-year fixed based on rent, typically up to 75% LTV
- No-doc cash-out: priced on credit and LTV only, no DSCR or income
- Fast50 cash-out: 50% LTV with no credit minimum and 1-day title seasoning
- Bridge cash-out: short-term interest-only financing while you stabilize or sell
Seasoning and value
Many lenders require you to own the property for a period (seasoning) before they'll use today's appraised value instead of your purchase price plus improvements. Our Fast50 program allows 1-day title seasoning for cash-out, which is useful right after a rehab or a cash purchase.
Cash-Out Refinance on Investment Property: terms at a glance
| DSCR cash-out | Up to 75% LTV |
|---|---|
| No-doc cash-out | Up to 75% LTV by credit band |
| Fast50 | 50% LTV, no credit minimum |
| Term | 30-year fixed or short-term bridge |
| Use of funds | Any business purpose |
Terms shown are representative and subject to underwriting, appraisal and state availability. All loans are business-purpose loans on non-owner-occupied property. This is not a commitment to lend.