A DSCR cash-out refinance replaces your existing loan on an investment property with a new, larger loan, letting you access a portion of the property's equity as cash — commonly used to fund the down payment on a next acquisition, renovate a property, or reinvest elsewhere in a portfolio.
How it's evaluated
Cash-out scenarios are generally evaluated against a maximum loan-to-value (LTV) — the new loan amount as a percentage of the property's current appraised value — alongside the same DSCR concept used for a purchase or rate/term refinance. The property's rental income needs to support the new, larger loan amount, not just the original one.
What determines how much you can access
- The property's current appraised value
- Your existing loan balance
- The lender's maximum LTV for cash-out scenarios
- The property's DSCR at the proposed new loan amount
Next step
Our qualification flow asks for your current loan balance and desired cash-out amount directly, so a loan specialist can review whether your scenario is likely to support the cash-out amount you have in mind.
Ready to see how this applies to your property?