International and National Commercial Real Estate Lending
ALL U.S., World Wide
and OUR
HOME CITIES SEATTLE BELLEVUE & TACOMA
"projects closed everyday that banks turned away"
Cash-Out Refinance
 Cash-Out Refinance- This
transaction requires the borrower to already own the property,
typically for a period of 12 months or more. (KING COMMERCIAL CAPITAL specializes in facilitating exceptions to this 12-month
rule). The borrower is then able to base their new loan amount off
of the appraised value instead of the acquisition price. This will
typically result in a better rate and term for the borrower,
however, the intended use of the cash proceeds must be disclosed. |
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