Cash-Out Hard Money Refinance Loans

Leverage Your Investment

We provide cash-out hard money refinance loans for rentals and other non-homestead investment properties.

Fast Approval Process

Unlike most institutional lenders we care primarily about property value, so we can do refinance loans that banks can't.

Unlock the equity in your investment property with a hard money refinance loan. Little City Investments can refinance your property to help you pull out cash, and we can do it quickly. Most hard money lenders do not offer cash-out refinance loans but because of our extensive experience lending in Texas, we can! While our qualifications for a cash-out refinance loan are more stringent than our standard hard money loans, we have had repeated success helping borrowers pull equity out of their investment properties.

Reasons to consider a hard money refinance loan from Little City Investments:

  1. Pull out cash for another project.
  2. Avoid impending foreclosure or loan maturity.
  3. Get better terms that your current hard money loan.

Hard Money Refinance Loan Requirements

  • Property must not be a homestead and must be used for investment purposes.
  • Minimum credit score: 525
  • No more than four, 60-day late payments on credit report in past year
  • No bankruptcies in past year
  • Additional requirements may apply. For more info, contact us.

Hard Money Refinance Loan Terms

  • Interest rates starting at 8.5%
  • 1.5 – 3.5 point origination fee
  • $350 document preparation fee
  • $399 processing fee
  • No prepayment penalties after 4 months
  • 12-month loan term
  • Interest-only monthly payments
  • 65% maximum loan to value (LTV)
  • No up-front fees! (Unless appraisal is required)

Borrowing Case Studies

See how borrowers have used our hard money loans to fund their successful house flipping deals.

Have Questions?

Check out our extensive FAQ or call us today. We'll be happy to answer any questions you have!