Frequently Asked Questions
We know that taking a business loan comes with big questions
A rental property cash-out loan allows investment property owners to unlock their property's equity without selling it. BNB Cashout offers this financing with no income or asset documentation required, whether your property is a short-term vacation rental or a long-term rental investment.
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, pay stubs, or credit checks are required.
You can borrow up to 75% of your property's value, including any existing liens.
BNB Cashout offers a 16.88% fixed interest rate for a 3-year term.
Funding takes a minimum of 10 business days from the start of the application process.
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:
| Alabama | Illinois | Nebraska | Rhode Island |
| Alaska | Indiana | New Hampshire | South Carolina |
| Arizona | Iowa | New Jersey | Tennessee |
| Arkansas | Kansas | New Mexico | Texas |
| Colorado | Kentucky | New York | Utah |
| Connecticut | Louisiana | North Carolina | Virginia |
| Delaware | Maine | Ohio | Washington |
| District of Columbia | Maryland | Oklahoma | Wisconsin |
| Florida | Michigan | Pennsylvania | Wyoming |
| Georgia | Mississippi | ||
| Idaho |
BNB Cashout is not available in:
| California | Minnesota | Massachusetts | Hawaii |
| Oregon | Montana |
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.
At BNB Cashout
We close quickly so you don't miss out on buying, construction, or operating your short-term rentals. Every deal matters.