Cash-out refinancing replaces a current real estate loan with a new mortgage that’s higher than the existing outstanding loan balance. It allows one to take advantage of the equity built up in a property by withdrawing the difference between the two mortgages in cash.
(12 months or possible term rental loan)
540 (min. FICO)
8% to 12%
1 to 3
2 to 4 weeks
(Rehab or New Construction)
Bridge: 75% to 90%
Single Family: $50k to $7.5MM
Multifamily: $250K to $20MM
except ID, SD, ND, VT, MN, or rural areas
Park Rock Capital is an asset-based direct lender.
We are able to assist you on your next real estate investment — quickly and competitively.
Our highly experienced team works with real estate investors throughout the U.S and lends across major U.S. metro markets.