Are you a Texas real estate investor looking to tap into your property’s equity? Cash out refinance loans can provide the financial flexibility you need. At Tidal Loans, we’re direct hard money lenders specializing in helping investors access their property’s value.
Why Choose Private Money Lenders for Cash Out Refinance in Texas?
Unlike traditional banks with strict requirements, private money lenders like us focus on your property’s potential, not your credit score. This means:
- Quick access to cash: We understand the fast-paced nature of real estate. Our streamlined process ensures you get the funds you need quickly.
- Bad credit is okay: We believe in second chances. Even if you’ve faced financial challenges, we’ll work with you.
- Solutions for various situations: Foreclosure in the past, low credit scores, or limited income? We offer solutions tailored to your needs.
Key Highlights About Our Company
🏡 100% Financing for Experienced Investors: We offer up to 100% financing for experienced investors in select markets. ( Bridge only )
🌐 Who We Are: Tidal Loans is your direct lending partner, built and backed by real estate investors.
🏠 STR Financing: Dive into the world of short-term rentals (Airbnb/VRBO) leveraging short-term rental income.
🔄 BRRR Strategy Simplified: Streamline your BRRR projects with Tidal Loans – we kickstart the refinance approval while your property undergoes transformation.
🚀 Quick Pre-Approvals: We issue term sheets in 24 hours after submission.
🚫 No Appraisals Needed: We have loan options (bridge loans) where you can opt out of a full appraisal.
🔐 Secure Portal Access: All clients will receive a secure portal to upload documents and request draws.
How Does a Cash Out Refinance Loan Work in Texas?
It’s simple:
- We replace your existing mortgage with a larger loan.
- The difference between the new loan + closing costs and your old mortgage is cash in your pocket.
- Our rates are competitive, making it a cost-effective way to access funds.
Example:
- Your current mortgage: $50,000
- New cash out refinance loan: $100,000
- Cash you receive: $50,000- closing costs.
Texas Cash Out Refinance Loan Guidelines:
- Experience: Any level welcome
- Credit Score: No minimum
- Rehab Advance Rate: 100%
- Property Types: Single-family, multi-family, and commercial.
- Prepayment Penalty: None ( unless DSCR loans )
- Loan Terms: 3 months – 30 years.
- Loan Extensions: Available
- Loan Size: $0 to $5 million
Ready to Unlock Your Property’s Potential?
If you’re a Texas real estate investor considering a cash-out refinance loan, contact Tidal Loans today. We’re here to help you achieve your financial goals.
