Investment Property Refinance
Refinance your investment properties in Florida. Lower rates, access equity, or consolidate loans on rental homes, multi-family properties, and commercial real estate.
Call (855) 744-EDGEWhat is Investment Property Refinance?
Investment property refinance allows you to replace your current mortgage on rental properties, multi-family homes, or commercial real estate with a new loan. This can help you lower your interest rate, reduce monthly payments, access equity, or consolidate multiple properties.
Lower Interest Rates
Take advantage of lower market rates to reduce your monthly payments.
Access Home Equity
Cash-out refinance to fund property improvements or expansions.
Consolidate Loans
Combine multiple investment properties into one loan for easier management.
Investment Properties We Can Refinance
Single-Family Rentals
Refinance single-family homes you rent out to tenants.
- 1-unit properties
- Primary residence not required
- Rental income verification needed
Multi-Family Properties
Refinance duplexes, triplexes, and fourplexes.
- 2-4 unit properties
- Commercial financing available
- Higher loan amounts
Commercial Properties
Refinance office buildings, retail spaces, and mixed-use properties.
- Commercial mortgages
- SBA loans available
- Complex underwriting
Benefits of Investment Property Refinance
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Lower Monthly Payments: Reduce costs with better rates and terms
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Access Equity: Cash out for property improvements or new investments
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Consolidate Debt: Combine multiple loans into one payment
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Portfolio Loans: Finance multiple properties with one lender
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DSCR Loans: Based on rental income rather than personal income
Investment Property Refinance Requirements
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Property Documentation: Rental agreements, tenant information, financials
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Higher Credit Scores: Typically 680+ for investment properties
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Reserves Required: 6+ months of mortgage payments in reserves
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Appraisal Required: Professional appraisal of property value
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Property Standards: Must meet lender's occupancy and condition requirements
DSCR Investment Property Loans
What is a DSCR Loan?
DSCR (Debt Service Coverage Ratio) loans are investment property loans based on the property's rental income rather than your personal income. This makes them ideal for investors who want to expand their portfolio without using their personal income to qualify.
DSCR Loan Benefits
- No personal income qualification
- Based on rental income only
- Ideal for portfolio expansion
- 75% of rental income counted
DSCR Requirements
- 20-25% down payment
- Minimum 1.25 DSCR ratio
- Professional property management
- Strong rental history
How DSCR is Calculated
DSCR = Annual Rental Income ÷ Annual Debt Service. Lenders typically require a minimum DSCR of 1.25, meaning rental income must be 25% higher than annual mortgage payments.
When to Refinance Investment Property
Good Reasons to Refinance:
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Interest rates have dropped - Save money on monthly payments
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Property value has increased - Access equity for improvements or new investments
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Consolidate multiple loans - Simplify management with one payment
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Remove PMI - If you have sufficient equity
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Fund property improvements - Cash-out to renovate and increase value
Important Consideration
Investment property loans have higher interest rates and stricter requirements than primary residence loans. Make sure the savings justify the potentially higher costs.
Ready to Refinance Your Investment Property?
Contact Edge Home Loans today for expert investment property refinance options. We work with experienced investors to find the best financing solutions.