1-877- 292-7350 jhurst@hurstlending.com

Texas Cash Out Refinance

For owner occupied multi-family properties.

Access Equity even if You Live in a Duplex, Tri-Plex, or 4-Plex

Client Reviews

Can I get a Cash-Out loan in Texas when I live in a Duplex, Tri-Plex or 4-Plex?

This question comes up because few lenders provide a cash-out loan in Texas when an owner occupies one of the units in a Duplex, Tri-Plex or 4-Plex.  Lenders struggle to help customers with this need because Fannie Mae and Freddie Mac will not allow a cash-out loan in Texas when an owner occupies one of the units in 2 to 4 unit multi-family property. We are not 100% sure why Fannie Mae and Freddie Mac takes this position but this stops thousands of homeowners from accessing their equity in Texas every year. 

We don’t think this is fair so we developed a suite of loan products to allow you to access your home equity even if you live in one side of a 2 to 4 unit multi-family property.  The rates for our owner occupied 2 to 4 multi-family cash-out loan are slightly higher than a typical conventional loan but they allow you to access your equity and avoid the Fannie Mae and Freddie Mac restriction mentioned above.  If you are interested in refinancing and taking cash out of your owner occupied multi-family home we can help!  

Hurst Lending IconHurst Lending

4.9 ★★★★★ 45 reviews

Over $1 Billion in Loans Funded

And we're just getting started!

We're Expanding

Offering loans in Alabama, Colorado, Florida, Georgia, Idaho, Iowa, Louisiana, Oklahoma, Oregon, Pennsylvania, Virginia, Texas and Washington.

Benefits of a Texas Multi-family Cash Out Loan


  • Consolidate debt
  • Purchase a new car
  • Buy a second home or investment property
  • Start a new business
  • Fund other dreams

How Much Cash can I Take Out?  

You can take out as much equity as you like up to 80% LTV (e.g. leave in at least 20% of your equity).  This rule applies to conventional and jumbo cash out loans.  If you have ever taken cash out of your home in Texas, you need to wait at least one year to obtain another Texas Cash-out loan or to refinance.  If it has been more than a year since you took out cash you can either: (1) take out a new Texas cash-out loan, or (2) refinance using a conventional rate and term refinance loan provided you don’t take out cash (the rate on this loan will be approximately 1/8 lower than a comparable Texas Cash-out loan). 

What is Cash Out Refinancing?

If you aren’t familiar with cash out refinancing, a cash out refinance is where you take equity out of your home in the form of cash. In other words, you refinance and get cash back, reducing the amount of equity you have in your home. You can use the cash you get back for any purpose, such as debt consolidation, home improvements and repairs, or investments. While it does add to the amount you owe on your mortgage, refinancing is a good way to get long term financing at a reasonable interest rate.

Why Use Our Services?

Make a Smart Move


Access your Home Equity

Lower your Mortgage Rate

Lock in Low Cost Debt for the Long Term

Eliminate PMI

Buy a Car, Make an Investment, Pay For College


Loan to Value up to 89.99%

No Limit on Cash in Hand

Loan Amount $200K to $2M


Low Rate Financing

Pay Less Interest on Your Debts

Quick Decisions, Quick Closing

"Football's hard.
Accessing your home equity, doesn't have to be."


Dat Nguyen, Hurst Lending Investor
Former Pro Football Player & Coach


Call 1-877-405-3465

We Also Offer Other Cash-Out Loans


Refinance your rental property and take out cash for any use.


Cash out loans over $647,200 with fixed or adjustable rates.


35 year non-recourse cash-out refinancing with low fixed rates.

Not Just Lenders - Problem Solvers!

Great Rates

Lots of mortgage lenders can offer a good rate on a conventional loan. We can too – in fact, our rates are some of the best around.

Unique Solutions

The difference? Hurst Lending finds ways to make the deal work when your mortgage needs are outside the “conventional loan” box.

About Hurst Lending

We have been helping our customers buy, sell, and refinance their homes since 2006. Our personalized approach includes a suite of services that solve common hurdles in the home buying process. Have you ever experienced the frustration of Losing your dream home in a bidding war? Trying to buy before you sell? Had your buyer fallout? Or being on a fixed income and needing your equity to purchase a new home?  Our Industry-leading suite of Domination Loans solve these issues. We also offer a suite of real estate investor loan products and a full suite of conventional, VA, FHA, cash-out, construction and traditional home loans.

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