Refi loans are perfect for real estate investors who want to refinance an existing loan or pull out some cash. Here is some more info:

Loan amounts: $100,000 to $3,000,000
Type of collateral: single family 1-4 units, multi-family up to 50 units
LTV: up to 75%
Cash out OK: yes
Term: up to 24 months
Interest: from 10.875%
Origination fee: from 2.5%
Expected turnaround time: instant approval, instant proof of funds, 7 day close

Follow this link for more info: https://newsilver.com/hard-money-loans-refinance/

Did this answer your question?