Refi-Cashout Loan Program

(240) 474-9774

REFI-CASHOUT LOAN PROGRAM*

Final loan terms may vary based on loan types, verification of application information, and other risk-based factors.

QUALIFICATION

• 680 Minimum FICO Score

• 6 Months of Cash Reserves

• No Derogatory Public Records in the Past 2 Years

LOAN TERMS

• $100,000 Minimum Property Value

• 30 Year Fixed Loan Term

• Hybrid Arms (5/1, 7/1, 10/1)

• 5 & 10 Year Interest-Only

• 0 to 5 Year Prepayment Options Available

• No Termination Fee

• Starting Rate 10.29%

• Starting Rate 7.25% (30 year Residential)

• Starting Rate 9% (30 year Multi-Family)

REQUIRED DOCUMENTATION

• Loan Application

• 1 Months of Bank Statements

• Corporate Documents

FEES

• $25 Credit Check

• Cost of an Appraisal

• Points at Closing

• $995 Legal Fee at Closing

MAX LEVERAGE

12 & 18 Month Term

• Refinance: Up to 65% As-Is Value

• Cash-Out: Up to 60% As-Is Value

30 years Term Residential

• Refinance: Up to 70% (680+ score)

• Cash-Out: Up to 65% (680+ score)

30 years Term Multi-Family

• Refinance: Up to 75% of the As Is Value (700+ score with experience)

• Cash-Out: Up to 75% of the As Is Value (700+ score with experience)

SHORT TERM ELIGIBLE PROPERTIES

• 1-4 Family + Multi-Family Real Estate

• Condos

• Townhomes

• Planned Unit Development (PUD) (30-year Term)

• 5-25 unit Buildings/Mixed-Use Properties (30 years Term Multi-Family)

Click here for Price Quote

Quick Close

Close in 2 to 3 weeks or in as little as 10 days on repeat business.

Easy

Low documentation and simple application process.

Transparent

All fees and payments clearly disclosed.

* This is not a commitment to lend. All offers of credit are subject to approval. Restrictions may apply. Smart Real Estate Solution reserves the right to amend rates and guidelines. The above statements are not and shall not, under any circumstances, be construed as a commitment on the part of Smart Real Estate Solution to provide any financing. SMART REAL ESTATE SOLUTION SHALL BE UNDER NO OBLIGATION TO FUND ANY LOAN TO ANY BORROWER UNLESS AND UNTIL IT IS SATISFIED, IN ITS SOLE AND ABSOLUTE DISCRETION, WITH ITS DUE DILIGENCE REVIEW AND FORMAL LOAN DOCUMENTS PREPARED BY ITS COUNSEL.

We are experienced real estate investors in , and specialize in off-market properties.