refinance or cash out refinance
Whether you want to lower your payment or get cash out, a refinance loan is for you! Tap into and leverage the equity of your residential investment property to fund and acquire your next investment. You can leverage a cross-collateralization loan by combining equity from multiple properties to help with your next project.
- No prepayment penalty on a 1-year term
- Construction must be at least 90% complete. NO land loans
- Foundation, framing, electrical and plumbing must be 100% complete
- Up to 80% LTV
- Interest-only payments
- Stated-income only
- No minimum DSCR requirement on a 1-year term
Long Term Loans
Do you need to purchase or refinance an investment rental property or portfolio? Our long-term financing allows for the aggregation of stabilized rental properties. Equus delivers speed, leverage, and consistency to both highly experienced and new real estate investors.
- Portfolio or single-asset loans
- 30-year amortized loans with a fixed initial interest-only payment period
- Reasonable underwriting on cash flow requirements
- Min. FICO: 600
- Up to 80% LTV (Purchase, Rate and Term Refinance, Cash-Out, Refinance)
- Stabilized rental properties (leased or soon-to-be leased)
- No DTI requirements for borrower
