ALYBROOK LENDING
CASH OUT / REFINANCE BORROWERS
Banks and other traditional lending institutions are typically not active nor aggressively closing loans that allow borrowers to have access to the equity in their property. A cash-out loan from ALYBROOK LENDING does allow the property owner to have access to their property’s equity. The capital from a cash-out loan can be used to consolidate other debt, renovate a property, or buyout a partner.
WILL YOU QUALIFY?
Our Cashout/Refinance loans are suitable when:
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Borrower has a very small lien on an investment property or owns the property free and clear, and desires some capital for other pursuits.
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Borrower bought a property with all cash and converted it to a rental property. He then obtained one of our cash-out loans to free up capital for another project.
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Borrower used a cash out loan from ALYBROOK LENDING to buyout a partner and maintain 100% control of the project and profits.
We do NOT lend on primary residences. We are a true Hard Money lender and the majority of our lending decision is based on the property, not your credit and financials.