Cash out refinancing occurs when a loan is taken out on property already owned, and the loan amount is above and beyond the cost of transaction, payoff of existing liens, and related expenses.
Our cash-out refinance loans are suitable for those looking to purchase commercial and/or residential properties. Traditional lenders tend to lock out many would-be buyers, due to strict loan parameters. Our cash-out refinance loans are a key way of getting cash now by refinancing an existing mortgage for a greater amount. We can expedite this process, getting you cash right now.