Frequently Asked Questions

 Yes, same terms apply. 

No. BNB Cashout can take a junior lien position, meaning you can access your property's equity without refinancing your existing mortgage.  

We require basic property information, including the property address, and proof that your business owns the property. Proof of ownership can take different forms depending on your situation.  No income verification or pay stubs are required, and there is no consumer or business credit-bureau pull. Ownership, identity, title, valuation, entity, and compliance requirements still apply.

You can borrow up to 75% of your property's value, including any existing liens. Loan amounts range from $200,000 to $3,000,000.

BNB Cashout offers an 18.88% fixed interest rate. 36-month maturity; payments amortized over 120 months; balloon due at maturity. 5% origination fee and third-party closing costs (title, inspection/BPO), deducted at closing. No upfront fees.

Funding can take as little as 10 business days from the start of the application process. Actual timing depends on title and valuation turn-times.

Funds can be used for any business purpose, such as property renovations, expanding your rental portfolio, or other investments in your rental operations. 

BNB Cashout is currently available in the following states:

*Nebraska: available to business entities only. Loans to individual borrowers are not offered in Nebraska at this time.

BNB Cashout is not available in:

All loans are business-purpose loans secured by non-owner-occupied investment or rental property. State availability is subject to change.

No. BNB Cashout lends to businesses only. While residential properties are used as collateral, they are business assets generating rental income, not personal residences. Consumer mortgages are loans used to purchase a residential property for personal use.