For real estate investors, additional cash can open up immediate investment opportunities. Regardless of the size of your mortgage, you could be eligible for a cash-out refinance loan. Discover how these dynamic loans work, how you can take advantage of this option, and how to apply for a refinance loan today.
When you apply for a refinance loan with Capital Fund 1, you’ll have the opportunity to receive additional hard money. This money could be spent on remodeling projects, another real estate investment, or anything else you need. Getting approved for a cash-out refinance loan typically requires that your house has more equity than your current mortgage. It can be a great way to fix and flip a real estate investment.
This refinancing option typically offers competitive interest rates. Compared to home equity loans or home equity lines of credit, a refinance loan can provide a lower interest rate and a faster approval process. You can receive refinancing for a variety of commercial real estate investments, and the process is simple when you refinance with a private money lender.
Capital Fund 1 offers a wide range of ways to receive a refinance hard money loan. This financial assistance is very flexible because it is a hard money loan from a private money lender.
Discover which hard money loan could be right for your real estate investment:
One great advantage of a cash-out refinance option is you don’t need to spend the additional cash on your home or commercial real estate investment. These highly flexible loans are designed to give you the capital you need to handle a variety of expenses, new opportunities, or other situations.
To receive your refinance loan from Capital Fund 1, you need a non-owner-occupied investment property. Regardless of whether you have an existing loan or own the property free and clear, you’ll apply for a hard money loan based on the price of the property. You’ll receive a hard money loan as soon as possible or as little as seven business days.
Unlike credit-based loans from traditional banks, Capital Fund 1 is a private money lender. This allows us to lend money faster, create more innovative deal structures, and approve loans without a credit check. Our loans are asset-based, and we have professional underwriting in-house. These features help us deliver loans exactly when you need them. Don’t pass up the perfect investment opportunity from a lack of hard funds.
Although our process is easier and faster than a traditional bank, you should know about these steps to take when getting a cash-out loan:
The maximum Loan To Value (LTV) depends on the original purchasing price of your real estate investment. Fix and flip loans can receive up to 80 percent LTV, while construction loans can receive up to 65 percent LTV. Capital Fund 1 can fund up to $8,000,000 in short-term loans, with terms typically between six and 24 months.
Borrowers can take advantage of great refinance options from Capital Fund 1. Whether your property is in Arizona, Texas, or Colorado, contact Capital Fund 1 today and apply for a competitive refinance loan for your real estate investment property.
Capital Fund has extensive knowledge about real estate investing and needs to be used as a resource that you or your clients use.
