A real estate cash out loan is a type of refinancing that lets property owners borrow against the equity they've built in their property, providing access to funds for a wide range of purposes.
Eligibility criteria typically include the property's current value, creditworthiness, and a suitable loan-to-value (LTV) ratio.
Unleash your property’s potential with cash-out refinancing, transforming locked-up equity into accessible cash for investment opportunities. Consider it your financial springboard to that next big leap.
Enhance your tax savings as your loan interest payments double as tax deductions. Yes, that’s less tax and more cash for your financial goals.
It’s also crucial to borrow responsibly when using a cash-out loan, avoiding over-leveraging and ensuring the funds are allocated to value-enhancing activities or prudent financial strategies.
- 65% Max LTV
- 20-Year Amortization
- 1 to 3 Year Balloon Terms
- Borrow from $50,000 to $1 Million
The maximum amount depends on your home equity. We typically lend up to 65% of your property's value. Contact us for a personalized assessment and explore your borrowing potential.
While a higher credit score is great, it is not the only consideration for your cash-out refinance loan. GL&L Holdings considers various factors such as your deal profitability, exit strategy, among other considerations. Apply to discover tailored options, regardless of your credit score.
Over-leverage occurs when debt surpasses asset value. Mitigate risks by assessing your financial capacity. As your lending partner, we provide guidance so you can make informed decisions, preventing over-leverage pitfalls.
Get a customized financing solution for your investment property. Set up a free consultation with us via call, video conference, or an in-person meeting.
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