Cash Out Refinance Loan
First Bridge Lending offers cash out refinance options to help you achieve your goals. A cash out refinance is similar to a refinance loan, except during the refinancing process, the borrower also takes out cash from the equity they have in the property. This type of loan can be advantageous for investors who need to take cash from one property to purchase another property, buy a business, or otherwise invest in a similar venture. Loan where borrower is refinancing a current loan and taking cash out from equity in home. Investment purposes-borrower wants to take cash from property to purchase another property or put into another property, buy a business, etc.