Cash-Out Refinance Loans
We are the best in the business when you need quick access to equity-based liquidity.
Loan Overview
Unlock equity with flexible cash-out loans.
Traditional lenders often limit borrowers with strict loan parameters. At Socotra Capital, we prioritize equity over borrower financials, making us the leading market lender for cash-out refinance hard money loans.
Our loans are based on your property's equity, not your credit score. We've successfully helped clients with low credit, prior bankruptcies, and foreclosures. If a bank denies your cash-out refinance loan, give us a call!
Loan Benefits
Get quick cash with low-rate refinancing.
In a private money cash-out refinance, borrowers refinance an existing mortgage for a larger amount than the original loan. The difference between the original mortgage and the new loan provides you with cash based on the equity in your property.
Socotra Capital can expedite this process, ensuring you receive the funds you need quickly. Plus, our rates are lower than typical credit card interest, making us a more cost-effective option for your business.
Loan Solutions
Access tailored financing for any property.
We offer flexible cash-out refinance hard money loans with interest-only and term options up to 20 years, allowing you to select a payment plan that fits your needs. Our loans cover all types of commercial properties, with no limits on the number of properties you can leverage.
If you don’t qualify for a traditional mortgage, Socotra Capital is your solution. Since 2007, we’ve been the top hard money refinance lenders for businesses nationwide.
Free and Clear Properties
Use the equity from properties you own outright to secure additional funds.
New Property Purchases
Obtain cash to invest in new properties without the need for traditional financing.
Property Upgrade Financing
Fund improvements or enhancements to existing properties.
Distressed Property Rehabs
Secure financing to rehab distressed properties and increase their value.
Business Line of Credit Coverage
Use the funds from refinancing to cover gaps or pull from business credit lines.
Equipment and Inventory Investment
Finance essential equipment, inventory, or other business capital expenses.
Flexibility for Various Property Types
Leverage the equity in any commercial property to meet diverse financial needs.
Quick Cash for Urgent Needs
Get fast access to cash for timely business transactions and opportunities.
Property Types
- Industrial
- Residential
- Multifamily
- Office
- Retail
- And more!
Loan Amounts
Cash-out refinance loans range from $100K-$20M.
Loan Term
- Interest-only loans
- Partially amortized loans
- Fully amortized loans
Loans Available
- Individuals
- Trusts
- Corporations
- Limited partnerships
- Retirement accounts
Loan Showcase
See Our Loans in Action
A foreign investor with a successful business in China sought a cash-out refinance for a single-family residence in the U.S. The borrower was starting an Amazon storefront and needed $1 million to purchase wholesale goods and boost marketing efforts. Unable to secure traditional bank financing and lacking a FICO score, the borrower turned to Socotra Capital for the necessary funds to support their business expansion.
- Location: Great Falls, VA
- Loan Type: Refinance
- Loan Amount: $1,000,000
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What Our Customers Are Saying
“I refinanced a vacant land lot in the Berkeley Hills with Socotra. They were able to get it done quickly and efficiently, including a mobile notary sent to my hotel where I was traveling during the closing week!"
Troy Helming
Borrower
"In the world of commercial real estate, having a trusted partner who can provide guidance and support throughout the transaction process can make all the difference. We will definitely look forward to engaging with Socotra Capital on future transactions."
Lenard Vaughn
Borrower
"The amazing team at Socotra Capital gives you all the help you need along the way. Big thanks to Xavier, Cory, and Tami for their time and patience. I strongly recommend this group for a quick close all the way through!"
Kamal Almutarreb
Borrower
"The team at Socotra understands that time is of the essence in real estate transactions. They will not bog you down in weeks (months?) of due diligence, reviews, and endless documentation. If speed and certainty of close is important to you, then Socotra Capital should be your lender."
Andrew Kotowicz
Borrower
Blog
Why Cash-Out Refinancing Works for Property Purchases
Property values have recently appreciated, increasing your equity. You can tap into this equity with a cash-out refinance to grow your real estate portfolio, flip more homes, or purchase additional rentals. If you have equity but lack cash, you can leverage your assets to secure a hard money loan.
Cash-out refinancing lets you take a loan for more than you owe, allowing you to keep the difference in cash. This cash can be used to buy additional properties, make improvements or pay off another loan.
Blog
Cash-Out Refinance Loans for Additional Property Purchases
With recent property value appreciation, you may have more equity to tap into. A cash-out refinance lets you borrow more than you owe, giving you extra cash to expand your real estate portfolio, flip homes or buy additional rentals. Use your existing assets to secure a hard money loan and leverage your equity for purchases, improvements or paying down other loans.
Resources
Read our hard money insights.
