Cash Out Refi Investment Property Illinois

Introduction

Illinois is one of the most dynamic real estate investment states in the Midwest. From Chicago’s high-density rental corridors to the suburban markets of Naperville, Aurora, and Joliet, the state offers investors a deep inventory of cash-flowing properties with genuine equity-building potential. If you own investment property in Illinois and you have built equity over time, a cash-out refinance powered by DSCR investor loan programs may be the most efficient path to unlocking that capital — without W-2s, tax returns, or personal income documentation of any kind.

Traditional lenders require full income documentation, DTI calculations, and personal financial histories that can disqualify investors who hold multiple properties, operate through LLCs, or have complex tax situations. DSCR loans take a completely different approach: the property qualifies based on its own rental income. If the gross rent covers the monthly debt obligation, you qualify.

Lendmire is a nationwide mortgage broker (NMLS# 2371349) that works with investors across 40 states, including Illinois. One important program detail Illinois investors need to know upfront: Illinois properties carry a declining market overlay under DSCR program guidelines, which sets the maximum LTV at 75% for purchases and 70% for refinances. We will cover this clearly in the requirements section so you can plan your transaction accurately.

What Is a DSCR Loan

A DSCR loan — Debt Service Coverage Ratio loan — qualifies an investment property for financing based entirely on the property’s rental income versus its monthly debt obligation. For the full breakdown, visit what is a DSCR loan. Here is the core formula:

DSCR Formula: Monthly Gross Rents / PITIA (Principal + Interest + Taxes + Insurance + Association dues)

A DSCR of 1.00 means the property breaks exactly even — rental income equals debt service. Above 1.00, the property generates a surplus. Below 1.00, the property runs at a deficit — sub-1.00 financing is available but with tighter credit and LTV requirements.

For Illinois investors, DSCR is particularly relevant because the state has one of the highest concentrations of investors who hold properties in LLCs for liability protection, operate multiple entities, or have complex self-employment income situations. Conventional lenders see the tax return and frequently decline despite strong cash flow. DSCR lenders see the rent roll and evaluate the property on its own merits.

For a cash-out refinance specifically, DSCR underwriting requires the property to meet a minimum ratio threshold, satisfy a 6-month seasoning requirement, and comply with the Illinois program LTV cap of 70% on refinances. No personal income documentation enters the underwriting process at any point.

Why Illinois Is a Strong Market for Investment Property Cash-Out Refinancing

Illinois offers investors one of the most economically diverse real estate environments in the United States. The Chicago metropolitan area — home to more than 9.5 million residents — is the third-largest metropolitan economy in the country, anchored by financial services firms along LaSalle Street, healthcare systems including Northwestern Medicine and Rush University Medical Center, technology employers concentrated in the Fulton Market and River North districts, and the University of Chicago and Northwestern University on the academic side. This breadth of employment creates layered rental demand that supports cash flow across a wide range of property types and neighborhoods.

Beyond Chicago, Illinois has a network of secondary markets with genuine investment merit. Rockford, the state’s second-largest city, has attracted manufacturing investment from companies in the aerospace and automotive supply chains. Peoria and the Illinois River Valley corridor have long-established healthcare and education employment anchors. Springfield, the state capital, maintains stable government and healthcare employment that drives long-term rental demand. In each of these markets, investors who purchased properties in the 2015–2020 window have accumulated equity that a DSCR cash-out refinance can convert into deployable capital.

Cash-out refinancing makes particular sense in Illinois right now because of the state’s property tax environment. Illinois carries some of the highest effective property tax rates in the nation — a reality that affects PITIA calculations and therefore DSCR ratios. Investors who understand how to structure their Illinois properties for maximum cash flow and access equity strategically through DSCR refinancing have a meaningful advantage over those relying on conventional financing that requires full income documentation.

Key Benefits of DSCR Cash-Out Refinancing for Illinois Investors

No income verification — qualification is based on rental income alone, not W-2s, tax returns, or pay stubs
LLC and entity ownership fully supported — subject to lender program eligibility — essential for Illinois investors who hold properties in entities for liability protection
Cash-out at 70% LTV for Illinois refinances — the declining market overlay caps refinance LTV at 70% (vs. 75% in standard markets), but equity access remains substantial on appreciated properties
Portfolio scaling — access equity from Illinois properties to fund acquisitions in the state or in other markets without new personal income documentation
6-month DSCR seasoning vs. 12-month conventional requirement — faster equity access after purchase
No cap on financed properties — DSCR programs do not impose Fannie Mae’s 10-property limit on investors
Flexible loan terms — 30-year fixed, 40-year fixed, ARM, and interest-only options to optimize cash flow against Illinois’s elevated property tax environment
Lendmire closes DSCR loans in as few as 15 days — critical when Illinois deals require decisive execution

Thinking about investment properties in Illinois? Lendmire’s specialists work with investors across the country — no W-2s, no tax returns, just the property’s numbers. Call us at 828-256-2183 or apply online to see what you qualify for.

DSCR Loan Requirements for Illinois Investment Properties

Illinois is subject to a declining market overlay under DSCR program guidelines. This is a standard program parameter — not a reflection of any individual property — and applies to all Illinois investment property transactions regardless of location within the state. Plan your transaction around these Illinois-specific LTV caps from the start.

Credit Score Requirements

640 FICO minimum — DSCR >= 1.00, purchase loans up to $3,000,000 (purchase only at 640–659 FICO)
660 FICO minimum — most refinance and cash-out transactions
700 FICO minimum — first-time investors
680 FICO minimum — interest-only loans on 1–4 unit properties
Sub-1.00 DSCR: 660 FICO minimum; options narrow significantly below 680

LTV and Down Payment — Illinois Declining Market Overlay

Illinois purchase maximum: 75% LTV (standard markets allow 80% for DSCR >= 1.00; Illinois is capped at 75% per declining market overlay)
Illinois cash-out refinance maximum: 70% LTV (standard markets allow 75%; Illinois is capped at 70%)
DSCR < 1.00 purchases: up to 75% LTV (700+ FICO, loans up to $1,500,000) — same as the Illinois overlay ceiling
2–4 units and condos: max 75% LTV purchase / 70% LTV refinance (same as Illinois overlay — no additional reduction)
Rural properties: max 75% LTV purchase / 70% LTV refinance

DSCR Ratio Requirements

Standard minimum: DSCR >= 1.00
Sub-1.00 DSCR available with restrictions (660–700 FICO, reduced LTV, limited programs)
Loans under $150,000: DSCR 1.25 minimum required
Short-term rental properties: gross rents reduced 20% before DSCR calculation
Formula: Monthly Gross Rents / PITIA (or ITIA for interest-only loans)

Illinois property tax note: Illinois has among the highest effective property tax rates in the country. Property taxes are a component of PITIA and directly affect your DSCR ratio. Illinois investors should obtain accurate tax estimates early in the refinance process to ensure the property clears minimum DSCR thresholds at the new loan amount.

Loan Amounts and Eligible Property Types

1–4 unit residential: $100,000 minimum / $3,500,000 maximum
2–4 unit mixed-use: $400,000 minimum / $2,000,000 maximum
Condotel: $150,000 minimum / $1,500,000 maximum
Eligible types: SFR (attached/detached), PUDs, 2–4 unit residential, condos (warrantable and non-warrantable), condotels, modular/pre-fab
Mixed-use: commercial space must not exceed 49.99% of building area; maximum lot size 2 acres

Loan Terms and Reserves

30-year fixed, 40-year fixed
5/6 ARM, 7/6 ARM, 10/6 ARM (30-day SOFR index)
Interest-only available — 10-year I/O period; 40-year term available combined with interest-only
Standard reserves: 2 months PITIA on subject property
Loans > $1,500,000: 6 months PITIA reserves required
Loans > $2,500,000: 12 months PITIA reserves required
Cash-out proceeds may satisfy reserve requirements on 1–4 unit properties (not mixed-use)

DSCR vs. Conventional Investment Loans in Illinois

For Illinois investors evaluating their refinance options, the contrast between DSCR and conventional financing is clear. Review the full comparison at DSCR vs conventional investment loans. Here are the six distinctions that matter most for Illinois’s market:

Conventional requires full income documentation and DTI — DSCR does not. Illinois investors with large real estate portfolios, complex LLC structures, or heavy depreciation deductions frequently show low taxable income despite strong actual cash flow. DSCR underwriting bypasses that problem entirely.
Conventional prohibits LLC ownership — DSCR fully supports LLC closing (subject to lender program eligibility). Illinois investors routinely hold properties in LLCs for liability protection and estate planning; DSCR accommodates that structure without a title change.
Conventional seasoning: 12 months from note date to note date — DSCR seasoning: 6 months minimum. Illinois investors can access equity twice as fast after a purchase under DSCR guidelines.
Conventional caps at 10 financed properties (720 FICO required for 6–10) — DSCR has no hard cap. Chicago-area investors building large portfolios are not constrained by Fannie Mae’s financed-property limit.
Both cap cash-out at 75% LTV for 1-unit properties under standard rules — however, Illinois’s declining market overlay reduces the DSCR cash-out cap to 70% LTV, which is more restrictive than the conventional standard on this specific point.
Conventional: 6 months PITIA reserves required on ALL financed properties — DSCR: 2 months on the subject property only. For a Chicago investor with 8 financed properties, this reserve differential can represent $80,000–$150,000 in freed-up capital.

Top Illinois Investment Markets: A Cash-Out Refinance Deep Dive

Chicago: High-Density Multifamily, Gentrifying Neighborhoods, and Equity Recycling

Chicago is the dominant investment market in Illinois and one of the most active multifamily markets in the United States. The city’s neighborhoods represent a spectrum of investment profiles: stabilized long-term rental demand in Lincoln Park, Lakeview, and Logan Square at the premium end; emerging value plays in Pilsen, Bridgeport, and South Shore as development pressure moves south and west; and deep-value long-term hold strategies in neighborhoods like Englewood and Roseland where gross rents relative to purchase price produce strong DSCR ratios even at lower absolute values. Chicago’s employment base — anchored by financial services in the Loop, healthcare at Northwestern, Rush, and University of Chicago Medicine, technology in Fulton Market and the West Loop, and logistics at O’Hare International Airport — sustains rental demand across all price points.

DSCR cash-out refinancing in Chicago allows investors to pull equity from appreciated properties and redeploy it into new acquisitions without income documentation. An investor who purchased a two-flat in Logan Square in 2018 for $550,000 may now be sitting on an appraised value above $750,000. At 70% LTV on an Illinois refinance, that represents a maximum new loan of $525,000 — potentially $200,000+ in cash-out proceeds after retiring the original mortgage. Those proceeds can fund a down payment on another Chicago multi-unit or a suburban acquisition with higher cap rates.

Chicago Suburbs: Naperville, Aurora, and the I-88 Corridor

The western Chicago suburbs along the I-88 Research and Technology Corridor form one of the strongest rental markets outside Chicago proper. Naperville consistently ranks among the most desirable cities in the Midwest, with top-rated schools, proximity to Fermilab and Argonne National Laboratory, and strong retail and employment anchors at CityGate Centre and the Fox Valley corridor. Aurora, the second-largest city in Illinois, has seen significant reinvestment and produces strong rental yields for investors who entered the market at sub-$300,000 price points in earlier years.

Cash-out refinancing in the I-88 corridor is particularly effective for investors who purchased single-family rentals in the $280,000–$380,000 range before 2020 and have seen values climb meaningfully. At 70% LTV on Illinois refinances, investors can still access substantial cash-out proceeds — often $60,000–$120,000 on a well-appreciated suburban SFR — which can then be deployed toward a down payment on an additional suburban or Chicago property.

North Shore and Northwest Suburbs: Premium Rental Demand and High-Value Equity Positions

The North Shore communities of Evanston, Wilmette, Winnetka, and Lake Forest attract a high-income tenant base drawn by proximity to Northwestern University, top-rated school districts, and quick access to downtown Chicago via Metra. Rental demand in these communities is persistent and supported by professional tenants — often dual-income households relocating for employment at Chicago’s financial and healthcare institutions who prefer to rent before committing to ownership. Properties in these communities tend to hold value well during market cycles, making them stable equity positions for DSCR cash-out refinancing.

For North Shore DSCR refinances, investors with high-value properties should note the loan cap at $3,500,000 for 1–4 unit properties and the 6-month reserve requirement for loans above $1,500,000. Properties in Winnetka and Lake Forest often appraise above $1,000,000, which affects both reserve requirements and program caps. At 70% LTV on Illinois refinances, a $1,200,000 North Shore property supports a maximum loan of $840,000 — potentially substantial cash-out proceeds depending on existing balance.

Rockford and Northern Illinois: Value Plays with Strong Rental Yields

Rockford, Illinois’s second-largest city, represents one of the state’s most compelling value-investment markets for DSCR borrowers. The city’s manufacturing base — anchored by aerospace suppliers, automotive parts producers, and metal fabrication firms — has attracted investment and driven employment growth that supports rental demand. Entry prices in Rockford’s investment market remain well below Chicago and the suburbs, which means DSCR ratios on well-positioned Rockford rentals are often stronger than comparable Chicago properties at significantly lower loan amounts.

For Rockford DSCR cash-out refinancing, investors who purchased properties in the $80,000–$150,000 range several years ago should note the minimum loan amount of $100,000 — some lower-value Rockford properties may approach or fall below program minimums depending on appreciation and equity position. For properties clearing the $100,000 floor, a DSCR cash-out at 70% LTV can still yield meaningful equity proceeds that fund additional acquisitions in Rockford or neighboring markets.

Champaign-Urbana and College Town Markets: Stable DSCR Ratios from Student Demand

The University of Illinois at Urbana-Champaign drives one of the most stable rental demand environments in the state. Student housing near the U of I campus generates consistent gross rents from a tenant pool that renews annually — and the university’s 50,000+ enrollment creates structural demand that absorbs new rental supply efficiently. Investors who own well-located single-family rentals or small multifamily properties within walking or biking distance of campus can typically produce DSCR ratios well above 1.00 because purchase prices remain moderate relative to achievable rents.

DSCR cash-out refinancing in Champaign-Urbana allows college-town investors to recycle equity from appreciated properties and reinvest it into additional campus-adjacent acquisitions or more distant value plays. The consistent rental demand profile also makes Champaign-Urbana properties attractive as long-term hold assets, and the DSCR structure — with no income documentation required — accommodates the typical investor profile in this market: professionals or retirees who own a handful of student rentals alongside W-2 income or retirement income that does not easily fit conventional underwriting.

Springfield and Central Illinois: Government Employment and Stable Long-Term Rental Base

Springfield, Illinois’s state capital, provides a remarkably stable rental demand environment anchored by state government employment, healthcare at Memorial Medical Center and HSHS St. John’s Hospital, and education at the University of Illinois Springfield. The city’s tenant base is weighted toward long-term, professional renters who value stability over transience — producing predictable gross rents that support DSCR qualification with minimal vacancy risk. Entry prices in Springfield remain accessible, with many quality investment properties in the $120,000–$220,000 range.

Cash-out refinancing in Springfield and central Illinois markets requires attention to the 70% LTV Illinois cap and the $100,000 minimum loan amount. For investors who purchased Springfield properties at modest prices and have seen moderate appreciation, the equity available at 70% LTV may be smaller in absolute dollar terms than in Chicago — but even $30,000–$60,000 in cash-out proceeds can fund a full down payment on an additional central Illinois property, compounding the portfolio without new income documentation.

Short-Term Rental Applications in Illinois

Illinois has a moderate short-term rental market, with the strongest STR activity concentrated in Chicago neighborhoods popular with visitors — River North, Gold Coast, Lincoln Park, and the Museum Campus area — as well as seasonal STR demand in lake communities along the Lake Michigan shoreline and in the Galena area in the northwest corner of the state.

STR gross rents are eligible for DSCR qualification but are reduced by 20% before calculating the DSCR ratio. A Chicago short-term rental generating $5,500/month in gross Airbnb revenue is underwritten at $4,400/month for DSCR purposes.
Chicago has STR licensing requirements that must be satisfied for income to qualify in DSCR underwriting. Properties must hold a current City of Chicago Shared Housing or Vacation Rental license. See how DSCR loans for Airbnb and short-term rentals work for investors operating in regulated STR markets.
Lake Michigan shoreline communities — including Waukegan, Zion, and Michigan City border-area investors — and the Galena tourism district represent Illinois’s most active non-Chicago STR markets. These properties can qualify for DSCR refinancing using documented STR gross income at the 20% reduction.

Example DSCR Scenario: Logan Square Chicago Two-Flat

Here is a real-world-style DSCR cash-out refinance illustration for an Illinois investment property, incorporating the state’s declining market overlay:

Property type: 2-unit residential (two-flat), Logan Square, Chicago, Illinois
Current appraised value: $760,000
Remaining loan balance: $330,000
Cash-out refinance at 70% LTV (Illinois declining market overlay — 2-unit): $760,000 x 0.70 = $532,000 new loan
Cash-out proceeds: $532,000 – $330,000 = $202,000
Monthly gross rents: Unit 1 — $2,050 / Unit 2 — $1,900 = $3,950 total gross monthly rent
Estimated PITIA at new loan amount (including Illinois property taxes): $3,150/month
DSCR calculation: $3,950 / $3,150 = 1.25 DSCR

This scenario qualifies under standard DSCR program parameters — DSCR above 1.00, 700+ FICO, 70% LTV within Illinois declining market overlay for 2-unit properties, loan amount within program range. No income documentation required. LLC ownership welcome, subject to lender program eligibility. Illinois property taxes are included in the PITIA calculation.

The $202,000 in cash-out proceeds can fund a down payment on a second Chicago two-flat, retire a hard money loan on another investment property, or be deployed into a suburban Illinois acquisition with strong rental yield. This is exactly how many investors scale using DSCR loans across Illinois.

Ready to run the numbers on your next Illinois investment property? Lendmire closes DSCR loans in as few as 15 days — no income docs, no W-2s, and LLC ownership is welcome (subject to lender program eligibility). Reach out today at 828-256-2183 and let’s get started.

DSCR Refinance Options for Illinois Investors

Illinois investors have two primary DSCR refinance paths. Explore cash-out refinance options for investment properties and investment property refinance options to identify the right structure for your current equity position.

Cash-Out Refinance

The DSCR cash-out refinance replaces your existing mortgage with a larger new loan and delivers the difference as cash at closing. For Illinois properties, the maximum cash-out refinance LTV is 70% — lower than the 75% available in standard markets due to the state’s declining market overlay. This is a standard program parameter, not a reflection of your property’s specific condition or value.

Despite the 70% cap, Illinois investors with appreciated properties — particularly in Chicago neighborhoods and the stronger suburban corridors — can still access substantial cash-out proceeds. DSCR seasoning requires a minimum 6 months of ownership before a cash-out refinance can close, compared to 12 months under conventional guidelines. Investors who purchased with all cash can utilize the delayed financing exception, which allows immediate refinancing without the standard seasoning period.

Important: program guidelines prohibit using cash-out proceeds to retire personal debt. Proceeds must be directed toward investment purposes — acquiring additional properties, paying off investment-related hard money loans, or funding renovations that increase rental income. Using proceeds to pay off personal credit cards or personal tax liens is not permitted under program guidelines.

Rate-and-Term Refinance

A DSCR rate-and-term refinance restructures the existing loan without extracting equity. Illinois investors with high property taxes and elevated monthly PITIA may benefit from extending to a 40-year term or converting from an ARM to a fixed rate — both strategies that can lower monthly debt service, improve DSCR ratios, and potentially unlock future cash-out refinancing eligibility on properties that currently run near 1.00. This approach does not trigger the Illinois declining market overlay in the same way as a cash-out transaction, as the LTV typically does not increase in a rate-and-term scenario.

Why Investors Choose Lendmire for Illinois DSCR Loans

Lendmire works with investors across 40 states, including Illinois, and understands the nuances that make Illinois-specific DSCR underwriting distinct: the declining market overlay, the state’s elevated property tax environment, the Chicago multifamily classification landscape, and the LLC ownership structures that Illinois investors commonly use. DSCR lending is our core business — not a secondary product line.

Lendmire closes DSCR loans in as few as 15 days — important in Chicago’s competitive investment market where deals move quickly
Lendmire was named a Scotsman Guide Top Mortgage Workplace — recognition of our team’s expertise and commitment to real estate investors
LLC and entity ownership supported — subject to lender program eligibility — we work with investors holding Illinois properties in LLCs, land trusts, and other entity structures
No W-2s, no tax returns, no DTI — the property’s rental income is the only qualification factor
Illinois program expertise — we know the declining market overlay, the 70% refinance LTV cap, and how to structure transactions accurately from the first call
Multiple loan structures — 30-year fixed, 40-year fixed, ARM, and interest-only products to optimize monthly cash flow against Illinois’s high property tax environment

Lendmire is a great option for DSCR loans, offering flexible solutions for real estate investors across the country.

Frequently Asked Questions

What is the minimum credit score for a DSCR loan in Illinois?

The minimum is 640 FICO for purchases with DSCR >= 1.00 on loans up to $3,000,000 (purchase only at 640–659 FICO). Most cash-out refinance transactions require 660 FICO minimum. First-time investors need 700 FICO minimum. Interest-only loans on 1–4 unit properties require 680 FICO. Sub-1.00 DSCR transactions carry additional credit and LTV restrictions.

Do DSCR loans require tax returns or W-2s?

No. DSCR loans require no tax returns, W-2s, pay stubs, or personal income documentation of any kind. Qualification is based entirely on the property’s monthly gross rental income relative to its PITIA. This is especially valuable for Illinois investors with complex tax situations, LLC ownership structures, or heavy depreciation deductions that suppress taxable income on paper.

Can I use an LLC to get a DSCR loan in Illinois?

Yes. LLC and entity ownership is supported by DSCR programs — subject to lender program eligibility. Conventional Fannie Mae loans prohibit LLC ownership on investment properties entirely, making DSCR the standard structure for Illinois investors who hold properties in LLCs or land trusts. Lendmire works with LLC borrowers regularly across all Illinois markets.

What is the maximum LTV for a DSCR cash-out refinance in Illinois?

Illinois carries a declining market overlay under DSCR program guidelines, which caps cash-out refinance LTV at 70% — lower than the 75% available in standard markets. This is a program parameter that applies statewide regardless of the specific property or market. Purchases in Illinois are capped at 75% LTV (vs. 80% in standard markets for DSCR >= 1.00). Plan your transaction around these Illinois-specific caps.

Is Illinois a good state for DSCR cash-out refinancing?

Yes, particularly for investors in Chicago and the major suburban corridors who have built equity in appreciated properties. The 70% Illinois refinance LTV cap means the accessible equity pool is slightly smaller than in standard-market states, but appreciated Chicago and suburban properties can still yield six-figure cash-out proceeds. Illinois’s depth of rental demand, diverse employment base, and large inventory of 2–4 unit properties make it a strong DSCR market overall.

How do Illinois property taxes affect DSCR qualification?

Illinois has some of the highest effective property tax rates in the nation, and property taxes are a component of PITIA — the denominator in the DSCR calculation. Higher property taxes increase monthly PITIA, which can reduce your DSCR ratio or push it below the 1.00 minimum on certain properties. Illinois investors should obtain precise tax estimates early in the process to model DSCR ratios accurately before proceeding with a refinance application.

Get Started with a DSCR Cash-Out Refinance on Your Illinois Investment Property

Illinois offers investors one of the Midwest’s most active and economically diverse rental markets — from Chicago’s dense multifamily corridors to suburban single-family demand in Naperville and Aurora to stable college-town returns in Champaign-Urbana. If you have equity in an Illinois investment property, a DSCR cash-out refinance is how you access it without income documentation.

No W-2s. No tax returns. No DTI. Just the property’s rental income — and Lendmire’s ability to close in as few as 15 days.

Contact Lendmire today to explore DSCR loan options and find out how much equity you can access from your Illinois investment property.

Whether you’re buying your first rental or your fifteenth, our team can move fast and get it done right. Don’t wait on a deal — call Lendmire now at 828-256-2183.

The right DSCR lender makes the difference between closing on time and losing the deal. Make the call today.

Disclaimer

For informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. All property values, rental rates, and market data referenced are approximate and based on publicly available information as of the date of publication. Lendmire is a licensed Mortgage Broker, NMLS# 2371349, Equal Housing Opportunity.

Reviewed By

Last reviewed: May 18, 2026

Brandon Miller

Founder & CEO, Mortgage Loan Originator, Lendmire LLC

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Legal disclosures. Lendmire (NMLS# 2371349) is a state-licensed mortgage brokerage that arranges financing through wholesale lender relationships. Lendmire is not a direct lender, depository institution, or registered financial advisor. The discussion above is general informational content about real estate financing — it is not financial, legal, or tax advice, and readers should consult licensed professionals for guidance on their individual circumstances. Loan inquiries are subject to lender underwriting; this article does not represent a commitment to lend. Loan terms, rates, and qualification standards vary by borrower, property, and state, and are subject to change at any time. Equal Housing Opportunity. NMLS Consumer Access: nmlsconsumeraccess.org.

Cash Out Refinance Investment Property Illinois