How much cash can I take out?

It depends on the property's value, your equity, and the partner's loan-to-value limits. We'll confirm during your review.

Does cash-out refinance cost more?

Cash-out loans can carry different terms than rate-and-term refinances. We'll surface actual terms during your review.

Can I use the cash for anything?

Partners may ask about the use of proceeds. Investment uses are common; we'll clarify any restrictions.

How is this different from a HELOC?

A cash-out refinance replaces your first loan with a larger one; a HELOC is a separate line of credit. Investment property options differ from primary-home products.

Will I need a new appraisal?

Almost always — partners need a current value to calculate available equity.

Can I cash out on a property I just bought?

Seasoning rules vary by partner. Some require you to hold the property for a period first.

Investor Funding

Investment Property Cash-Out Refinance

Refinance to access equity from an investment property.

A cash-out refinance replaces your existing investment-property loan with a larger one and lets you take the difference as cash — tapping the equity you've built. Investors use the proceeds for new acquisitions, renovations, or other investments. It differs from a rate-and-term refinance, which only changes the loan terms without releasing cash.

Explore Cash-Out Refinance Help Me Find the Right Fit Call 877-315-5729

Minimum Requirements & Program Details

These are starting requirements for selected programs. Availability and final terms depend on the funding partner and underwriting. Other options may be available. Meeting a minimum does not guarantee approval.

Investment Property Cash-Out Program

Reveal partner channel

Minimum loan: Requirements vary by program—request a funding review
Minimum credit: Requirements vary by program—request a funding review
LTV: Based on property value and available equity
Term / structure: Requirements vary by program—request a funding review

Availability and final terms depend on the funding partner and underwriting. If a requirement is unresolved for your situation, we'll note it as program-specific and confirm it during your review. Other options may be available.

Common uses

Funding a new investment acquisition
Accessing equity for renovations
Consolidating higher-cost debt against property equity
Reinvesting in the portfolio

When it fits

You have meaningful equity in an investment property
The property's income supports a larger loan
You have a clear use for the cash proceeds

Consider instead

How it generally works

1You provide property value, income, and existing loan details.
2A partner underwrites a new, larger loan.
3The old loan is paid off and you receive the difference as cash.
4You repay the new loan from property income.

Factors funding partners may consider

Property value and available equity
Property income supporting the larger loan
Existing loan balance and payoff
Your experience and reserves

Documents to prepare

We provide the exact checklist for your program after reviewing your request — you don't need to order an appraisal or gather everything before reaching out. Initial review items help us assess fit; additional underwriting & closing items are requested only once a partner program is confirmed. Sensitive documents are handled through our invitation-only secure process — never on the public intake.

Initial Review

Existing loan statement / payoff
Rent roll or operating income

Additional Underwriting & Closing

Property appraisal
Use of cash proceeds summary

Curious whether this fits your situation?

Request a review — we'll confirm fit and suggest alternatives if another product suits you better.

Explore Cash-Out Refinance

Illustrative scenario

An investor with equity in a stabilized rental cashes out to fund a down payment on a new acquisition, repaying the larger loan from rents. Actual terms depend on the partner and property.

How it compares to related products

vs. Rate-and-Term Refinance

Cash-out releases equity as cash; rate-and-term only changes the loan terms.

Learn more

vs. Portfolio Financing

Cash-out taps one property's equity; portfolio financing spans many properties.