Foreign National Loan Cash Out Refinance: UK Business Owner Accesses U.S. Property Equity for Business Expansion

James R., a 47-year-old London-based e-commerce business owner, had purchased a rental property in Orlando three years earlier as his first U.S. real estate investment. The property had appreciated substantially, and the rental income covered all expenses with strong positive cash flow. James operated a successful online retail business selling British specialty goods to American customers, earning a strong six-figure income in British pounds. Now he wanted to expand his warehouse operations in the southeastern United States and needed capital to fund the expansion—capital that was sitting as equity in his Orlando rental property.

James had built substantial equity through both appreciation and principal paydown. The property was worth significantly more than when he purchased it, and he owed considerably less on the original mortgage. His business expansion plan was clear: lease larger warehouse space, invest in inventory, and hire additional staff to fulfill growing U.S. customer demand. But when he approached traditional U.S. lenders about a cash-out refinance, he hit the same wall he’d encountered years before—without a U.S. Social Security Number or domestic credit history, conventional lenders couldn’t help him access his own equity. This wasn’t just about business expansion; it was about building a self-sustaining U.S. operation that would create generational wealth through both real estate holdings and business growth.

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The Challenge: Why Couldn’t James Access His U.S. Property Equity?

James contacted three major U.S. banks and two mortgage refinance companies, confident his strong equity position and excellent payment history would make approval straightforward. He’d never missed a payment on his existing mortgage, the property had appreciated substantially, and his business was thriving. Every lender gave the same response: they couldn’t process a refinance application without a U.S. Social Security Number and domestic credit history.

How Do Traditional U.S. Lenders Evaluate Foreign National Refinance Applications?

Traditional U.S. mortgage lenders require Social Security Numbers to pull credit reports and evaluate borrower creditworthiness through automated underwriting systems. Even though James had three years of perfect payment history on his existing U.S. mortgage, that payment history existed in his lender’s internal records but wasn’t reported to U.S. credit bureaus in a way that created a FICO score for him. Without a credit score generated by Equifax, Experian, or TransUnion, conventional lenders’ systems couldn’t process his refinance request.

“It was absurd,” James explained. “I’ve paid every mortgage payment on time for three years. The property has appreciated significantly. I have substantial equity. My business generates strong income. But because I don’t have a Social Security Number, their computers couldn’t see any of that. They couldn’t refinance a loan I was already successfully paying.”

Why Was James’s Perfect Payment History Ignored by Traditional Lenders?

The fundamental problem was systemic. U.S. conventional lenders operate within strict guidelines designed for domestic borrowers. Their underwriting systems require specific data points—Social Security Numbers, U.S. credit scores, domestic employment verification, U.S. tax returns. James’s UK tax returns, British credit history, international business income, and even his flawless three-year U.S. mortgage payment record didn’t fit into these rigid parameters.

What Business Opportunity Was James Missing Without Capital Access?

The timing was critical for James’s business expansion. He’d secured a favorable lease on warehouse space near Orlando’s distribution hubs, negotiated supplier agreements for increased inventory, and identified strong candidates for management positions. The expansion would nearly double his revenue capacity and establish a permanent U.S. operational base. But the opportunity required significant upfront capital—capital he had available as equity in his rental property but couldn’t access through traditional refinancing channels.

Without the ability to tap into his property equity, James faced less attractive alternatives: taking on expensive business loans with shorter terms and higher costs, bringing in equity partners who would dilute his ownership, or scaling back his expansion plans and missing the market opportunity entirely. None of these options aligned with his strategy for building long-term wealth through property holdings and business ownership.

Experiencing similar rejection? Schedule a call to discuss alternative qualification methods.

The Discovery: Finding Foreign National Cash-Out Refinance Programs

How Did James Discover Solutions for Foreign National Equity Access?

James discovered foreign national cash-out refinance programs through his commercial insurance broker, who worked with several international business owners investing in U.S. real estate. The broker mentioned that specialized lenders offered refinancing specifically designed for foreign nationals who already owned U.S. properties. Skeptical after multiple rejections but desperate for a solution, James researched these programs and scheduled a consultation with a loan advisor specializing in foreign national refinancing.

What Makes Foreign National Cash-Out Refinance Different from Traditional Refinancing?

During the consultation, the loan advisor explained how foreign national cash-out refinance programs work fundamentally differently from conventional U.S. refinancing. These programs don’t require Social Security Numbers or U.S. credit scores. Instead, foreign national lenders evaluate the property’s current value, verify existing mortgage payment history, assess the borrower’s international income and assets, and structure refinancing based on substantial equity positions and demonstrated financial stability.

The advisor reviewed James’s situation: three years of perfect payment history, substantial equity from appreciation and principal paydown, strong business income documented through UK tax returns, and excellent credit in Britain. The foreign national lender would refinance his existing mortgage, allow him to extract a significant portion of his equity as cash, and structure the new loan based on the property’s rental income potential and his overall financial strength.

“That conversation gave me hope for the first time in weeks,” James said. “The advisor understood that my payment history proved I could manage the mortgage, and my business success proved I could handle a larger loan. This wasn’t just solving a refinance problem—it was unlocking the capital I needed to scale my business and continue building wealth across two continents.”

The Solution: Foreign National Cash-Out Refinance Approval Process

What Documentation Did James Provide for Foreign National Cash-Out Refinance Approval?

James worked with his loan advisor to assemble the required documentation for a foreign national cash-out refinance application. Unlike traditional U.S. refinancing requiring domestic credit scores, the foreign national loan program focused on his international financial profile, payment history, and property equity.

Documentation provided:

• Valid UK passport and proof of residency in London
• British credit report showing excellent payment history
• Business financial statements from his e-commerce company covering multiple years
• UK tax returns demonstrating strong business income
• Personal and business bank statements showing substantial liquid assets
• Complete payment history on existing U.S. mortgage (verified through lender records)
• Current lease agreement and rental income documentation from Orlando property
• Property insurance records showing continuous coverage
• Business expansion plan detailing use of cash-out proceeds
• Appropriate reserves demonstrating ongoing financial stability

How Long Does Foreign National Cash-Out Refinance Approval Take?

The approval process:

1. Initial consultation – Discussed foreign national refinancing options and equity access strategy
2. Document collection – Gathered UK financial documentation and U.S. property records
3. Payment history verification – Existing lender confirmed perfect three-year payment record
4. Income verification – Reviewed business financials and UK tax documentation
5. Property appraisal ordered – Independent appraisal to determine current market value
6. Appraisal completed – Property value confirmed substantial appreciation
7. Equity calculation – Determined available cash-out amount based on property value
8. Underwriting review – Foreign national lender evaluated complete financial profile
9. Conditional approval – Approved pending final documentation verification
10. Clear to close – Final approval issued with cash-out amount confirmed
11. Closing – Refinanced existing mortgage and received substantial cash-out proceeds

The foreign national lender structured the refinance based on several factors: the property’s strong rental income potential, James’s perfect payment history demonstrating reliability, his substantial business income showing ability to service the larger loan, and the conservative loan-to-value ratio that maintained healthy equity in the property even after cash-out. The rental income alone covered the new mortgage payment with positive cash flow remaining.

Exploring refinance? Submit a refinance inquiry to compare your options.

The Results: James Accesses Equity and Expands His Business

What Results Did James Achieve with Foreign National Cash-Out Refinance?

James completed his cash-out refinance within approximately ten weeks of starting the application process. The refinancing paid off his existing mortgage balance and provided him with substantial cash proceeds to fund his business expansion. The new loan carried competitive rates for foreign national investment property financing and was structured as a long-term fixed-rate mortgage.

Final loan outcome:

• Refinanced existing mortgage balance completely
• Substantial cash-out proceeds for business expansion
• Competitive interest rate for foreign national investor refinancing
• Favorable long-term fixed-rate structure
• Conservative loan-to-value ratio maintaining healthy equity position
• Timeline: Application to closing in approximately ten weeks
• Property: 3BR/2BA single-family home, Orlando, FL
• Rental income continues to generate positive monthly cash flow
• New monthly payment manageable and covered by rental income

How Did Foreign National Cash-Out Refinance Compare to Traditional Refinancing Options?

Traditional U.S. lender qualification:

• Rejected due to lack of Social Security Number
• Rejected despite perfect three-year payment history
• Could not process refinance through standard channels
• Business expansion: BLOCKED ✗

Foreign national cash-out refinance qualification:

• Approved based on payment history and UK financial documentation
• No U.S. credit score required
• SSN not required for processing
• Business expansion: ACHIEVED ✓

What Did James Accomplish with the Cash-Out Proceeds?

“Without the foreign national cash-out refinance program, I would have been forced to either scale back my expansion plans or take on expensive business debt with terms that didn’t make financial sense,” James explained. “Now I’ve leased the warehouse space, invested in inventory, hired a strong management team, and I’m on track to double my U.S. revenue within eighteen months. The business expansion will more than pay for the slightly larger mortgage payment, and I still own the Orlando property that continues appreciating while someone else pays down my mortgage through rent.”

James views this transaction as a pivotal moment in his wealth-building strategy. The cash-out proceeds funded business growth that will generate substantially increased income for years to come. The Orlando rental property continues building equity through both appreciation and tenant payments. And he’s now exploring purchasing a second U.S. investment property to further diversify his real estate holdings—potentially using the Foreign National Loan program again for property number two, or eventually tapping into accumulated equity through a HELOC or Home Equity Loan to preserve the favorable rate he secured on this refinance.

Beyond the immediate business benefits, James appreciates how this transaction demonstrated the power of strategic leverage. By accessing his property equity at favorable terms, he deployed capital into his business where it generates higher returns than it would sitting as dormant equity. This intelligent use of real estate leverage is exactly how sophisticated investors build wealth efficiently—making their assets work harder while maintaining ownership and benefiting from continued appreciation.

Ready to get started? Get approved or schedule a call to discuss your situation.

Exploring Other Foreign National Loan Options?

While James used a foreign national loan to access equity through cash-out refinance, foreign national loan financing works for multiple scenarios:

• Ready to purchase? See how a Canadian architect used foreign national loan purchase to invest in Florida real estate
• Want better terms? See how an investor improved rates with foreign national loan refinance
• View all case studies to find success stories matching your situation

Key Takeaways for Foreign National Property Owners

• Foreign national cash-out refinance programs allow equity access without U.S. credit requirements—lenders evaluate existing payment history, international income documentation, and property equity rather than requiring Social Security Numbers or domestic credit scores
• Perfect payment history strengthens foreign national refinance applications significantly—demonstrated reliability through consistent on-time payments proves creditworthiness even without U.S. credit bureau reporting (Fannie Mae alternative credit guidelines)
• Conservative loan-to-value ratios are standard after cash-out—maintaining substantial equity in the property after extracting cash protects both borrower and lender while demonstrating financial prudence
• Rental income documentation supports higher refinance amounts—properties with strong cash flow and professional property management demonstrate investment quality and income potential (HUD rental income calculation standards)
• Think strategically about capital deployment—successful international investors use cash-out refinancing to move equity from appreciating assets into higher-return opportunities like business expansion or additional property acquisitions, then plan future equity access through HELOCs or home equity loans to preserve favorable refinance rates

Have questions about accessing your property equity? Schedule a call with a loan advisor today.

Alternative Loan Programs for International Property Owners

If a foreign national loan isn’t the perfect fit, consider these alternatives:

• DSCR Loan – Cash-out refinance based on property cash flow, no income verification
• Asset-Based Loan – Qualify based on investment portfolios and liquid assets
• Portfolio Loan – Refinance multiple properties efficiently
• Bank Statement Loan – Cash-out refinance using bank deposits for income verification
• HELOC – Access equity through revolving credit line

Explore all loan programs to find your best option.

Helpful Foreign National Loan Cash-Out Refinance Resources

Learn more about this loan program:

• Complete Foreign National Loan Guide – Detailed requirements, rates, and qualification guidelines
• Foreign National Loan Calculator – Estimate your refinance options

Similar success stories:

• How a Canadian architect used foreign national loan purchase to invest in Florida – First property acquisition
• Investor improved rates with foreign national loan refinance – Rate reduction success
• View all case studies – Browse by your journey stage

External authoritative resources:

• IRS foreign investment reporting requirements – Tax implications of U.S. property ownership
• HUD rental income calculation standards – How rental income supports refinancing

Ready to get started?

• Apply online – Start your refinance application today
• Schedule a consultation – Discuss your equity access options
• Take the discovery quiz – Clarify your refinancing goals

Need local expertise? Get introduced to trusted partners including loan officers, property managers, and real estate attorneys in your area.

His first US acquisition, a three-bedroom home in Coral Springs purchased six years earlier, had appreciated significantly in current value, creating substantial total equity with a relatively modest remaining mortgage balance. The property had benefited from South Florida’s strong appreciation trends and consistent mortgage paydown over six years of ownership.

Richard identified an excellent opportunity to expand his Florida portfolio—a newly renovated four-bedroom home in Pembroke Pines that would generate strong monthly rental income. Rather than transferring additional capital from his UK holdings or liquidating investments to fund the down payment, Richard wanted to strategically leverage the substantial equity he’d built in his Coral Springs property through a foreign national loan cash-out refinance. By accessing significant equity from property #1, he could fund the down payment for property #4, continue building his US portfolio efficiently, and maintain his UK investment positions without liquidation.

“I’ve built significant equity in my Coral Springs property through six years of appreciation and mortgage paydown,” Richard explained. “That equity generates zero returns sitting idle. Meanwhile, I have an excellent acquisition opportunity in Pembroke Pines that would generate strong cash flow and continue building my US portfolio. Accessing the dormant equity through cash-out refinancing makes perfect strategic sense—using capital from one asset to acquire another cash-flowing asset that builds more equity.”

However, as a UK citizen without US residency or Social Security number, Richard needed specialized financing. Traditional US lenders couldn’t process cash-out refinancing for foreign nationals, and UK lenders don’t finance US property refinancing. Richard required a foreign national loan cash-out refinance—specialized financing designed for international property owners accessing equity from existing US real estate holdings to fund additional investments, using international documentation without requiring US citizenship or credit history.

Facing similar challenges? Schedule a call to explore your options.

Why Was Foreign National Cash-Out Refinancing Essential for Richard’s Portfolio Expansion?

Richard had multiple options for funding his Pembroke Pines acquisition: transfer additional funds from UK accounts (tying up liquidity and incurring currency exchange costs), liquidate UK investments (triggering taxes and losing growth opportunities), or strategically leverage his existing US property equity that had appreciated substantially and was generating no returns.

The strategic advantage of foreign national loan cash-out refinancing was clear:

Strategic benefits:

• Access dormant equity building in Coral Springs property
• Avoid liquidating UK investments or transferring additional international capital
• Deploy US property equity to acquire additional US properties
• Maintain UK investment positions for continued growth
• Use appreciation from property #1 to fund property #4 acquisition
• Create compounding effect where existing properties fund new acquisitions

Foreign national cash-out refinance advantages:

• No US citizenship or Social Security number required
• No US credit history needed
• Accepts international financial documentation
• Evaluates foreign income and assets
• Designed specifically for international investors expanding US portfolios
• Recognizes global investment strategies

“Foreign national cash-out refinancing enabled efficient capital deployment,” Richard said. “My Coral Springs property had appreciated substantially over six years. Why transfer additional funds from the UK when I could access that appreciation to fund my next acquisition? The cash-out refinance would increase the Coral Springs mortgage, but rental income from both properties would more than cover the increased payment. This is smart portfolio management—using equity from existing assets to acquire additional cash-flowing properties that build more equity.”

Richard appreciated that foreign national lenders understood international real estate investment strategies. Foreign investors typically maintain excellent payment records (protecting reputations and future US investment access), purchase quality properties in strong markets, and view US real estate as strategic long-term holdings. These characteristics made Richard—with six years of perfect payment history across three US properties—an excellent candidate for cash-out refinancing.

The refinanced Coral Springs property would maintain positive cash flow after the increased mortgage payment, and the newly acquired Pembroke Pines property would generate additional monthly income. Combined, the strategy would add substantial monthly rental income to Richard’s portfolio while leveraging existing equity rather than deploying new international capital.

Ready to leverage your US property equity? Schedule a call to discuss foreign national cash-out refinancing.

What Documentation Was Required for This Foreign National Loan Cash-Out Refinance?

Richard worked with his loan advisor specializing in foreign national financing to assemble documentation for cash-out refinancing on his Coral Springs property.

Documentation provided:

• Valid UK passport
• Proof of UK residency
• International bank statements showing substantial liquid assets
• Investment portfolio statements (UK and international holdings)
• UK business financial statements
• Letter from UK accountant verifying income and assets
• International credit report from UK credit bureau
• Current mortgage statement for Coral Springs property showing remaining balance
• Six years of perfect payment history on Coral Springs mortgage
• Rental lease agreement showing strong monthly income from Coral Springs property
• Property management statements for all US properties
• Purchase contract for Pembroke Pines property
• US bank account statements for mortgage payments

Documentation NOT required:

• No US Social Security number
• No US credit history
• No US tax returns
• No US employment verification

The approval process:

1. Initial consultation (Day 1) — Discussed foreign national cash-out refinance strategy and portfolio expansion goals
2. Document submission (Days 2-5) — Uploaded international financial documentation through secure portal
3. International verification (Days 6-12) — Lender verified UK assets, business, and financial strength
4. Property appraisal (Days 10-14) — Coral Springs property professionally appraised at strong current value
5. Underwriting review (Days 15-22) — Evaluated equity position, rental income, payment history, and international assets
6. Conditional approval (Day 23) — Approved pending final verification and title work
7. Clear to close (Day 35) — Final approval issued with all conditions satisfied
8. Closing (Day 38) — Funded and closed on foreign national cash-out refinance

The lender evaluated Richard’s six-year track record of perfect payments across three US properties, his substantial UK assets and business income, his international credit history, and the Coral Springs property’s strong appraised value. The combination of proven US investment performance and substantial international financial strength positioned Richard as an excellent candidate for cash-out refinancing.

“The process was straightforward despite the international complexity,” Richard explained. “My loan advisor coordinated everything—from international document verification to the US property appraisal. Within about five weeks, I had accessed substantial equity from my Coral Springs property to fund acquisition of property #4, all without touching my UK investments or transferring additional international capital.”

Exploring foreign national cash-out refinancing? Submit a refinance inquiry to compare your options.

What Were the Final Results of Richard’s Foreign National Cash-Out Refinance?

Richard successfully closed on his foreign national loan cash-out refinance, accessing substantial equity from his Coral Springs property to fund acquisition of the Pembroke Pines investment—expanding his US portfolio without transferring additional international capital.

Final foreign national cash-out refinance details:

• Coral Springs property appraised at strong current market value
• New loan amount provided substantial equity access while maintaining conservative loan-to-value ratio
• Previous loan balance was relatively modest after six years of paydown
• Cash-out proceeds fully funded Pembroke Pines down payment with appropriate reserves
• Competitive foreign national rates for experienced international investors
• Coral Springs rental income maintained strong monthly cash flow
• Post-refinance cash flow remained positive after increased payment
• Application to closing: 38 days

Pembroke Pines acquisition details:

• Purchase at attractive market price in strong rental market
• Down payment fully funded from Coral Springs cash-out proceeds
• Substantial equity position established from the start
• Property financing through foreign national loan for remaining balance
• Expected rental income generates strong monthly cash flow
• Property type: 4BR/3BA renovated single-family, Pembroke Pines, FL
• Move-in ready condition with recent high-quality renovations

Portfolio expansion results:

• Total US properties: Four cash-flowing Florida investments
• Combined monthly rental income: Substantial positive cash flow across all properties
• Equity leveraged: Used appreciation from property #1 to acquire property #4
• International capital preserved: No additional funds transferred from UK
• Portfolio value: Substantial multi-property holdings across South Florida
• Strategic outcome: Compounding portfolio growth through equity leverage

Richard closed on the Pembroke Pines property three weeks after his cash-out refinance funded, using the accessed equity as down payment. The property was move-in ready with recent renovations, located in a strong rental market. His property management company secured a quality tenant within two weeks at attractive monthly rent, immediately generating positive cash flow.

“The foreign national cash-out refinance enabled portfolio expansion through intelligent capital deployment,” Richard explained. “Instead of transferring substantial funds from my UK accounts—incurring currency exchange costs and tying up international liquidity—I accessed equity that had built in my Coral Springs property through six years of appreciation. Now I own four Florida properties generating combined strong rental income, all built strategically through leveraging existing equity rather than constantly deploying new international capital. This is compounding wealth building—using growth from existing assets to acquire additional assets that generate income and build more equity.”

Richard views this transaction as a pivotal moment in his US portfolio strategy. The Coral Springs property continues generating rental income and building equity despite the increased mortgage. The Pembroke Pines acquisition adds substantial monthly cash flow and another appreciating Florida asset. When he’s ready for property #5, Richard may use similar strategies—accessing equity from properties #2 or #3 through additional foreign national cash-out refinancing, or potentially refinancing to better rates through a foreign national loan refinance as his US investment track record strengthens.

“The best part is understanding the compounding effects of strategic leverage,” Richard added. “Property #1 appreciated substantially over six years. I used that appreciation to acquire property #4. As properties #2, #3, and #4 appreciate, I can leverage that growth to acquire properties #5, #6, and #7. Each property facilitates acquiring the next through equity growth. By my mid-50s, I could own multiple cash-flowing Florida properties generating substantial monthly passive income—built not through constantly transferring international capital, but through strategically leveraging appreciation in existing holdings. That’s smart wealth building that foreign national cash-out refinancing makes accessible for international investors expanding US portfolios.”

Ready to expand your US portfolio through equity leverage? Get approved or schedule a call to discuss foreign national cash-out refinancing.

Exploring Other Foreign National Loan Options?

While Richard used a foreign national loan cash-out refinance to access equity for portfolio expansion, foreign national financing works for multiple scenarios:

• Need to purchase your first US property? See how a Canadian investor used a foreign national loan to buy Florida investment without US credit
• Want to refinance to lower rates? See how an international investor used a foreign national loan refinance to improve terms
• View all case studies to find success stories matching your strategy

Key Takeaways for International Real Estate Investors

What Can Foreign Investors Learn from This Cash-Out Refinance Success?

• Foreign national cash-out refinancing leverages existing US property equity for portfolio expansion—Richard accessed substantial equity without transferring additional international capital (IRS Foreign Person Withholding guidelines)
• Perfect payment history across multiple US properties strengthens foreign national applications—six years of flawless payments demonstrated Richard’s reliability and commitment to protecting his US investment reputation
• Rental income must continue covering increased debt service after cash-out refinancing—Coral Springs property maintained positive cash flow after refinance, demonstrating sustainable leverage
• Strategic equity leverage compounds portfolio growth more efficiently than constant capital deployment—using appreciation from property #1 to acquire property #4 created compounding wealth-building effects
• Experienced foreign investors with proven track records receive favorable consideration—Richard’s established US investment history with multiple properties positioned him well for attractive terms
• International credit history and substantial assets remain critical qualification factors—UK financial strength supplemented US property performance (US Treasury FIRPTA rules)
• Conservative loan-to-value ratios and strong equity positions protect both investor and lender—maintaining appropriate equity cushions ensures sustainable long-term portfolio management (NAR International Real Estate resources)

Have questions about foreign national cash-out refinancing? Schedule a call with a loan advisor today.

Alternative Loan Programs for International Real Estate Investors

If a foreign national loan cash-out refinance isn’t the perfect fit, consider these alternatives:

• Foreign National Loan – Purchase financing for first US property acquisition
• Foreign National Loan Refinance – Rate-and-term refinancing without accessing equity
• DSCR Loan – For foreign nationals with established US tax history
• Portfolio Loan – Financing multiple investment properties efficiently
• Asset-Based Loan – High-net-worth qualification based on portfolios

Explore all loan programs to find your best option.

Want to assess your wealth-building strategy? Take our discovery quiz to clarify your US investment goals.

Helpful Foreign National Loan Cash-Out Refinance Resources

Learn more about this program:

• Complete Foreign National Loan Guide – Cash-out refinance details and requirements
• Foreign National Cash-Out Calculator – Estimate equity access potential

Similar success stories:

• Canadian investor’s foreign national loan purchase – First US property acquisition
• International investor’s foreign national refinance – Rate improvement strategy
• Browse all case studies by investment strategy and journey stage

External authoritative resources:

• IRS Foreign Person Withholding – Tax considerations for international investors
• US Treasury FIRPTA – Foreign investment rules and compliance
• NAR International Real Estate – International investing resources and market trends

Ready to take action?

• Apply online – Start your application today
• Schedule consultation – Discuss equity leverage strategy with a specialist
• Take discovery quiz – Clarify US portfolio goals and investment timeline

Need local expertise? Get introduced to partners including international real estate specialists, property managers, and tax advisors experienced with foreign national investors.

Disclosure: NEXA Mortgage, LLC dba Stairway Mortgage — NMLS #1660690 • Equal Housing Lender. Applications are handled by state-licensed Mortgage Loan Originators; you will be matched with an MLO licensed in your state. Not all products are available in all states. See our Licenses & Disclosures page for state-specific information. This case study is for educational and illustrative purposes only. Scenarios, borrowers, and loan terms may be hypothetical and are used to demonstrate potential financing solutions. Not a commitment to lend. All loans are subject to credit approval, program availability, and underwriting guidelines. Interest rates, fees, loan amounts, and other terms are examples and do not represent current offers or market rates. Actual terms vary by applicant profile, property, market conditions, and lender guidelines, and may change without notice. Texas homestead cash-out refinance is limited to 80% LTV and subject to Texas Constitution, Article XVI, §50(a)(6), including a 12-day waiting period before closing. For current rates and terms specific to your situation, please schedule a consultation or apply online. NMLS Consumer Access: https://www.nmlsconsumeraccess.org/