Cash Out

Home / Cash Out
Cash Out
Loan ProgramCash Out
Loan Amount$50,000 – $250,000
Interest Rate11.99%–13.99%
Origination Fees3%
Lender Fees$1,495
Loan Term12 months
Extension Fees1% for 3 month
Max LTARV65%
Max LTC110%
Min Credit Score620
Upfront FeesNone
Prepayment PenaltyNone
Roll Points into LoanYes, .5pt premium
Payments DueMonthly IO
3rd Party Servicing Fee$15/mo
Draw Request Fee$200

Cash Out Hard Money Loan Program

Freedom Private Money’s cash out hard money loan program is an attractive option for real estate investors looking to leverage the equity in their property to finance new investment deals.  We understand that for real estate investors, quick access to financing is incredibly important. Freedom private money will typically lend  65% of the appraised value of the property for cash out hard money loans. Cash Out Refi’s can only be done under an entity and no funds can be used for consumer purposes.

Our specialized program was developed to allow Buy & Hold and Fix &  Flip investors to cash out and refinance their investment properties from rates as low as 11.99%. Our loan process is fast and easy.  There is no “one size fits all” scenario, so we work to find you the best loan for your situation.

Our expedited underwriting process can close within 2 weeks.

This overview provides common loan program guidelines for Freedom Private Money, LLC. Layering of risk attributes may affect the eligibility of loans meeting the general requirements above. Layering will be evaluated on a case by case basis and initial loan approval will be given prior to any loan disclosures being delivered. Exceptions may be accepted for certain transactions. This overview is not all inclusive and is subject to change without notice. Please see for Freedom Private Money’s Underwriting Requirements for additional information.

Freedom Private Money Loyalty Program

After two funded loans, we offer a .125% point discount for every deal closed until the borrower receives 2 points on every loan after their 9th loan with us. All loans must be paid off or in good standing in order to receive the next discounted tier. The borrower can have up to 3 loans outstanding at a time or a maximum total loan balance of $1M. Exceptions can be made on a case by case basis.