Best Banks for Cashout Refinance

[Dahrian Barrett]

Hello, BP world. I'm curious about what bank is the best bank to do a cashout refinance with. With so many banks to choose from and me already doing thorough research, I was hoping someone had a personal good experience with a certain bank or an individual at a bank who understands our world.

[Tanarat Bunchom]

Quote from @Dahrian Barrett:

Hello, BP world. I'm curious about what bank is the best bank to do a cashout refinance with. With so many banks to choose from and me already doing thorough research, I was hoping someone had a personal good experience with a certain bank or an individual at a bank who understands our world.

I’d recommend looking for local or regional banks that have experience working with investors—they often understand the unique needs of real estate investing. Credit unions can also be a good option. Ultimately, it depends on your goals (low rates, fast turnaround, etc.). If possible, ask fellow investors in your area for referrals to specific lenders they’ve had good experiences with.