You’re likely eligible with 20%+ equity remaining, credit ~620+, verifiable income and reasonable DTI, and an eligible property. Programs vary — conventional, FHA, VA, and non-QM cash-out all have different limits.
Borrower and property factors
Lenders assess credit, income, DTI, and reserves. Primary residences get the best terms; second homes and investment properties qualify at lower LTV and higher rates. Condos and 2–4 units are eligible.
Program options
Conventional caps near 80% LTV; FHA offers flexible credit; VA can allow higher LTV for eligible veterans; and non-QM/DSCR cash-out serves self-employed borrowers and investors. We compare them to maximize your usable cash.
Frequently asked questions
Can I cash out on an investment property?
Yes — typically at lower LTV (often 70–75%) and higher rates. DSCR cash-out is popular with investors.
Does VA allow more cash-out?
Eligible VA borrowers can sometimes access higher LTV than conventional. We’ll confirm your entitlement.
What credit score do I need?
Often 620+, though better credit unlocks better pricing. Options exist across the spectrum.
Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766). Figures are illustrative for 2026 and not an offer of credit.