If you own commercial property in Texas that has appreciated in value, a cash-out refinance lets you access that equity without selling the asset. Here is how it works and what options are available.
What Is a Commercial Cash-Out Refinance?
A cash-out refinance replaces your existing mortgage with a new, larger loan. The difference between the new loan amount and what you owe is paid to you in cash. You keep the property, keep the income, and get liquid capital to deploy elsewhere.
Common Uses of Cash-Out Proceeds
- Purchase additional investment properties
- Fund renovations or improvements to the same property
- Pay off higher-interest debt
- Fund business operations or working capital
- Diversify into other asset classes
Cash-Out Refinance Programs in Texas
Hard Money Cash-Out: Fastest option, based purely on property value, up to 65% LTV of current appraised value. No income docs, no credit score minimum. Closes in 7 to 14 days.
Stated Income Cash-Out: Lenders use bank statements or stated income instead of tax returns. Up to 70–75% LTV. Closes in 3 to 5 weeks.
DSCR Cash-Out: Qualifies on rental income. 30-year fixed options available. Up to 75–80% LTV for qualifying properties.
How Much Can You Cash Out?
It depends on your current loan balance and the property’s appraised value. Example: Property worth $500,000, current balance $200,000, lender allows 70% LTV ($350,000 new loan) — you receive $150,000 cash after payoff and closing costs.
Call 877-895-3634 to find out how much equity you can access from your Texas commercial property.