Before requesting terms
- Current property value and the source or date of the estimate
- Every payoff, lien, prepayment charge and bridge balance due at closing
- Requested new loan amount, modeled rate, term and amortization
- Closing costs, points, prepaid interest, escrows and reserve requirements
- Supportable rent evidence and the provider's rent calculation method
- Taxes, insurance, HOA and other expenses included in the modeled PITIA
- Ownership seasoning, entity documents, credit, appraisal and property rules
- A written proceeds worksheet and a dated payoff quote before relying on the result
Run the matching cash-out model
Put the same assumptions into the calculator, then email yourself the estimate if you want a record. Contact details are optional and running the tool does not share your inputs with a partner.
Open cash-out calculator →Educational planning aid only. This checklist is not a loan application, approval, offer, financial advice or substitute for a provider's written terms.