TAG Lending Group · Refinance

Refinance an Investment Property

Your key to greater profitability and continuing success is quick, low-interest refinancing.

  • Up to 4 Units
  • No Prepayment Penalties
  • 30-Year
  • 15-Year
Talk to a Home Loan ExpertBook a Consultation
Investment

Today Is the Day to Refinance Your Investment Property at a Low Rate

  • Reduce your monthly mortgage payment while increasing your rental income to maximize your return on investment
  • Use the equity in your rental property to purchase more property or invest in other ventures
  • You can invest in homes with up to four units with TAG Lending Group, and you can refinance at any time with no prepayment penalties

Every day we help hundreds of Americans lower their monthly payment by refinancing. Contact us today to see how we can help you.

Refinance an Investment Property
Why TAG

Why Should You Choose TAG Loans?

You'll have an entirely online application procedure with little paperwork, and you'll be able to track the progress of your mortgage application

Our Home Loan Experts are here to answer your questions and explain the technicalities so that you can secure the best mortgage possible

You can manage your mortgage online without any hidden fees once your loan is closed

We service 99 percent of our mortgages, so you can count on our excellent customer support even after you've closed

Options

Popular Loan Options for Refinancing Investment Properties

01

YOURgage

Our exclusive program puts you in control of your mortgage. Choose a term between 8 and 30 years.

02

30-Year Loan

Avoid surprises and know your payment is fixed.

03

15-Year Loan

Pay off your investment quickly or borrow from your equity at crazy low rates.

Good to Know

Frequently Asked Questions

To refinance, what documents are required?

A list of documentation often requested throughout the refinance application procedure is as follows:

  • Proof of income: Original pay stubs for the previous 30 days are usually required
  • Copy of homeowners insurance: Checks to see if your house insurance is up to date and adequate
  • Copies of your W-2 forms: Each loan application must complete this form, which assists your lender in verifying your previous employment and income history
  • Copies of asset information: Including accounts holding money for closing costs, statements for savings, checking and 401(k) accounts, and investment records for mutual funds or stocks
  • Copy of title insurance: Helps your mortgage lender verify taxes, names on the title, and legal description of the property
What is the maximum number of times I can refinance my home?

Some states have limits on how soon or how often their residents can refinance a home loan; these limits are often designed to ensure that the refinance process benefits the homeowner. Aside from the rules, it's critical to ensure that refinancing helps you achieve your financial objectives. If you want to refinance your property, consider the following factors:

  • Does your present lender have a prepayment penalty?
  • Do you have enough equity built up in your home?
  • Are interest rates lower now than when you first took out your mortgage?
  • Do you intend to live in your house for a long time?
Refinance Options

Explore more ways to refinance

Compare Refinance OptionsLower Your PaymentGet Cash from Your HomeConsolidate Your DebtPay Off Your Mortgage FasterRefinance Guide

Maximize your return.

Talk to a Home Loan ExpertBook a Consultation

Prefer to talk now? Call (305) 503-8655 or WhatsApp us.

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Programs subject to change without notice. Restrictions apply. All loans subject to credit approval and underwriting guidelines. TAG Lending Group, LLC · NMLS #2329372. This is not a commitment to lend.

How We Calculate DSCR: The 1.00 Ratio

DSCR = Monthly Rent ÷ Monthly PITIA (principal, interest, taxes, insurance and HOA). A 1.00 ratio means the rent covers the full payment. Example: $2,900 rent ÷ $2,900 PITIA = 1.00. Above 1.00, the property cash flows. Below 1.00? Most of our investors go as low as a 0.75 DSCR, and No-Ratio programs are available when the rent doesn't need to cover the payment.

Rent We Can Use

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A signed long-term lease.

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The appraiser's market rent schedule (Form 1007).

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Short-term rental income (Airbnb, VRBO and similar), based on rental history or market data, depending on the investor.

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Your investing experience affects which rent source and minimum ratio an investor accepts. First-time investors may need a 1.00 or higher.

Flexibility That Helps You Qualify

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Add a partner or family member to title or your LLC and qualify using their credit.

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No ownership seasoning required with some of our investors. Others require 6–12 months of ownership before a cash-out.

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Close in your LLC, with no tax returns, W-2s or pay stubs.

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Minimum 620 credit score. Foreign national programs do not require a U.S. credit score.

Run Your DSCR Numbers

Do you own an investment property today?

Yes shows how to turn that equity into your next properties. No goes straight to the purchase calculator.

How the Equity-to-Portfolio Strategy Works

1

Refinance the rental you own

A DSCR cash-out refinance replaces your current loan with a larger one, typically up to 75–80% of the appraised value depending on the investor.

2

Pull out the equity

The difference between the new loan and your current balance, less closing costs, comes back to you as cash.

3

Use it as down payments

That cash becomes the down payment, closing costs and reserves on one or more income-producing properties.

4

Qualify each on its rent

Each new purchase can be financed with a DSCR loan that qualifies on that property's rent and can close in your LLC.

How a DSCR Purchase Works

1

Pick the rental

Choose a property that rents for at least its full payment, or close to it.

2

Rent qualifies the loan

We use the lease, the appraiser's 1007 market rent or short-term rental data instead of tax returns.

3

Bring down payment and reserves

DSCR purchases can start at 15% down with some investors. TAG recommends 25% down so the property cash flows and to avoid Loan-Level Price Adjustments (LLPAs) that apply when rent does not cover the payment.

4

Close in your name or LLC

Close as an individual or in your LLC, then repeat on the next one.

Equity-to-Portfolio Calculator

DSCR Purchase Calculator

Enter your own numbers to see a hypothetical illustration. TAG Lending Group does not quote rates on this page: enter an interest rate assumption to see payments, cash flow and DSCR. Your loan officer will give you actual terms for your scenario.

Property you own

Next properties

Property you want to buy

As little as 15% down with some investors. TAG recommends 25% down to cash flow and avoid Loan-Level Price Adjustments (LLPAs) when rent does not cover the payment.

Assumptions

Closing costs are estimated for you at 3% (low) to 5% (high).

Estimated cash out

–After 3–5% closing costs

Additional properties

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Properties controlled

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Total monthly rent

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Est. net monthly cash flow

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DSCR per new property

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Loan amount

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Est. cash to close

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Principal & interest

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Total PITIA

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DSCR

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Est. monthly cash flow

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Before vs. after (monthly)

Enter your name, email and phone to get a PDF of these numbers you can text to yourself or save.

Hypothetical illustration for educational purposes only. Not an offer, a rate quote or a commitment to lend. Results depend entirely on the assumptions entered and do not include vacancy, repairs, management, capital expenses or changes in rent, taxes, insurance or value. Payments shown are principal and interest on the selected loan term (30 years unless changed), or interest only if selected; actual programs, terms, LTV limits, reserves, minimum DSCR and closing costs vary by investor. Minimum 620 credit score; foreign national programs do not require a U.S. credit score. Business-purpose investment property financing only. Investing in real estate involves risk, including loss of equity. Consult your own tax, legal and financial advisors. TAG Lending Group, LLC, NMLS #2329372. Equal Housing Opportunity.