Cash Out Refinance Loans on Investment Property
for Nationwide Real Estate


Top Hard Money Loans is a direct, hard money cash out refinance lender providing cash out and hard money refinance loans to real estate investors and property owners Throughout Nationwide. With over 40 years of hard money lending experience, Top Hard Money Loans is the trusted and reliable private money lender for hard money cash out refinance loans in Nationwide.

Top Hard Money Loans finances private money cash out refinance loans throughout Nationwide including California, Texas, Arizona, Florida, Georgia, Ohio, New Mexico, Miami, Indiana, washington, New York and various other States of USA.

Top Hard Money Loans is able to provide a wide variety of hard money refinance loans, from a cash out refinance on investment property to a hard money refinance for an owner occupied primary residence. Loan approvals and fundings are completed quickly. Private lender cash out refinance loans on rental property or other investment property can be funded within days. A borrower can refinance hard money loans on owner occupied property in approximately 2.5 weeks. Contact Top Hard Money Loans now and have your cash out refinance loan funded fast.

Understanding Cash-Out Refinance Hard Money Loans: Documents Needed and Process Explained

When seeking additional funds for your real estate ventures, a cash-out refinance hard money loan can be a viable solution. This type of financing allows you to tap into the equity of your property to obtain cash for various purposes. In this blog post, we will delve into what cash-out refinance hard money loans entail, the required documents, and guide you through the process.

What is a Cash-Out Refinance Hard Money Loan?

A cash-out refinance hard money loan is a financing option that enables property owners to refinance their existing mortgage, borrowing more than their outstanding loan balance. This extra amount is based on the available equity in the property. The borrower receives the excess funds in cash, which can be used for purposes such as property renovations, debt consolidation, or other investment opportunities.

Documents Needed for Cash-Out Refinance Hard Money Loans:

  1. Property Documentation:

    • Deed or title to the property

    • Recent property appraisal or valuation report

  2. Financial Documentation:

    • Personal identification (ID, passport, etc.)

    • Income verification (pay stubs, tax returns, bank statements)

    • Credit history and credit score

    • Existing mortgage statement or payoff letter

    • Proof of property insurance coverage

  3. Project Documentation:

    • Plan or description of the project or intended use of funds

    • Cost estimates or contractor bids (for renovation projects)

    • Relevant permits or licenses (if applicable)

The Process Explained:

  1. Determine Eligibility:

    • Check your property’s equity and ensure it meets the lender’s requirements.

    • Assess your financial situation, including creditworthiness and income stability.

  2. Gather Documentation:

    • Collect all the necessary documents listed above.

    • Prepare the required financial statements and supporting paperwork.

  3. Find a Hard Money Lender:

    • Research reputable hard money lenders who offer cash-out refinance options.

    • Compare loan terms, interest rates, and repayment terms.

  4. Apply for the Loan:

    • Submit your loan application along with the required documentation.

    • Await the lender’s review and approval process.

  5. Appraisal and Underwriting:

    • The lender may conduct an appraisal to assess the property’s current value.

    • Underwriting involves verifying your financial information and assessing the loan’s feasibility.

  6. Approval and Closing:

    • Upon approval, you will receive a loan offer detailing terms and conditions.

    • Review and sign the loan agreement, and proceed with the closing process.

A cash-out refinance hard money loan offers property owners the opportunity to access the equity in their commercial properties for various financial needs. By providing the necessary documentation and following the application process, you can unlock the potential of your property and secure the funds required to fuel your real estate endeavors.

Remember to consult with a reputable hard money lender who specializes in cash-out refinancing to guide you through the process and ensure a smooth transaction.