Cash-Out Mortgage
Why let record equity sit in your property if there are so many smart ways to better use that money for debt paydowns, investments, improvements, or important life choices!
Conventional [more info]
- Traditional full doc (tax returns, W2, 1099) income qualifying
- Conforming or non-qm (more flexible underwriting) mortgages
- Primary, Second Home, Investment Properties | 1-4 Unit
HELOC | HELoan | 2ND [more info]
- Residential | 1-4 unit | Attached or Non-Attached
- Takes 10min to Apply | Minimal Documentation | Typically No Appraisal
- Loan sizes $50K - $1M+ | Low Fees | Close in 5-7 days!
- No need to refinance an existing 1st mortgage
- Primary, Second Home, Investment Properties
Jumbo [more info]
- Larger loan sizes: $750,000 - $10M+
- Many ways to qualify including conventional, statement, DSCR, and asset utilization
- Primary, Second Home, Investment Properties | 1-4 Unit
DSCR / Rental Income [more info]
- Use documented or appraised property income to qualify
- No tax returns or traditional sources of income needed
- Investment Properties only | 1-4 Unit | 5-30 Unit
Bank Statement [more info]
- Use gross deposits to personal or business bank accounts to income qualify
- No tax returns or traditional sources of income needed
- Primary, Second Home, Investment Properties | 1-4 Unit
Asset Utilization [more info]
- Use current liquid and semi-liquid assets to “income qualify"
- No tax returns or traditional sources of income needed
- Primary, Second Home, Investment Properties | 1-4 Unit
Alternative Income [more info]
- Use 1099s, Verification of Income, P&L, and other sources to qualify
- No tax returns or traditional sources of income needed
- Primary, Second Home, Investment Properties | 1-4 Unit
FHA | VA [more info]
- Traditional full doc (tax returns, W2, 1099) income qualifying
- FHA: up to 96.5% LTV with lenient underwriting / lower credit
- VA: active / retired military, lenient underwriting, up to 100% LTV
- Primary homes only | 1-4 Unit
MultiFamily & Mixed-Use [more info]
- 5-30 unit (multifamily & mixed-use) cash-out mortgages
- Financing based on personal DTI ratio or property DSCR
- Loan sizes $200K - $10M. Non-recourse and I/O available
Rehab | Fix&Flip | New Construction [more info]
- 1-4 unit (residential), 5+ multifamily / mixed use, & commercial
- Financing LTV and rates based on experience and loan size
- Loan sizes $75K - $5M+ | I/O | variable payoff terms
Commercial [more info]
- Flexible loan terms, credit, and structures
- Network of lenders/investors for large multifamily and many commercial property types
- Loan amounts $250K to $50M+ | I/O | variable payoff terms
Work Visa, Foreign National, ITIN, Permanent / Non-Permanent Resident Aliens [more info]
- Permanent and Non-Permanent (work visa) residents are able to qualify for mortgages similar to US citizens
- Foreign National & ITIN can qualify using US credit, non-US credit and no credit mortgage programs
- Loan amounts up to $4M+ | 1-4 Unit
Business Loan | Line of Credit [more info]
- Unsecured loans and lines of credit for business owners - nationwide
- Many business types, minimal documentation, fast closes <1wk
- Loan amounts $5K to $1M+