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Cash-out refinance
Cash-Out Refinance

Unlock Your Equity and Reinvest

Refinance an eligible investment property and access equity for your next acquisition, renovation, reserve needs, or portfolio strategy.

Up to 75%
Max LTV Cash-Out
$5M
Program Max
14–21
Typical Close Days
DSCR
Investor-Focused

Program Overview

Cash-out refinance programs can help real estate investors tap into eligible property equity and redeploy capital into future investments. Qualification commonly considers the property, leverage, credit profile, rental income, and DSCR.

Loan Amount$150K – $5M
Max LTVUp to 75% of current value
DSCRProgram dependent
Term OptionsLong-term fixed, ARM, and select interest-only options
Property TypesSFR, 2-4 units, select multifamily
SeasoningVaries by program
Credit ProfileReviewed as part of underwriting
Close TimeTypically 14–21 business days

How Investors May Use Cash-Out Proceeds

  • ●Down payment on another investment property
  • ●Fund eligible renovation or acquisition costs
  • ●Pay off higher-cost short-term debt
  • ●Reinvest in portfolio improvements
  • ●Build liquidity or reserves
  • ●Support the refinance phase of a BRRRR strategy

Typical Qualification Factors

  • ●Investment property eligibility
  • ●Property condition and marketability
  • ●Rental income / DSCR where applicable
  • ●Borrower credit profile
  • ●Entity structure where required
  • ●Title and lien review
  • ●Appraisal or valuation requirements

Part of a BRRRR Strategy?

Cash-out refinance may be used as the refinance stage after acquisition, renovation, and stabilization, depending on program guidelines.

Learn about BRRRR Loans →

Example Scenario

A simplified illustration of how available equity could be estimated.

$450,000
Property Value
Illustrative value
$120,000
Existing Mortgage
Illustrative payoff
$337,500
Max Loan at 75% LTV
75% × $450,000
$217,500
Potential Gross Cash-Out
$337,500 − $120,000
Varies
Final Proceeds
Subject to payoff, fees, reserves, and closing costs
Varies
Qualification
Subject to underwriting and program rules

Illustration only. Actual rates, leverage, proceeds, payment, fees, and terms vary by borrower, property, lender, and market conditions.

Ready to Explore Your Equity?

Submit your property details and financing goal so LoanExis can review available refinance options.