« Back to Glossary Index

A loan or refinance transaction in which the borrower receives additional funds over and above the amount needed to repay the existing mortgage, closing costs, points, and any subordinate liens.

Tags: Buying / Selling / Mortgaging, Finance, Property Investment

Get in Touch

Want more information? Have a deal you'd like to discuss? Let us know!

Give us a ring

407-476-2500
Mon – Fri, 9:00am – 6:00pm ET

E-mail us

[email protected]

Contact Us

Copyright © 2024 LYNK Capital Fund, L.P. All Rights Reserved.

*LYNK Capital Fund, L.P. operates as LYNK Investments, LLC in the state of Texas.

Disclaimers: LYNK Capital makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it operates. LYNK Capital Fund, L.P. does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan product, deal structure, property state, or other applicable considerations, and are subject to change at any time without notice. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of LYNK Capital Fund, L.P. and all terms are expressly subject to LYNK Capital's credit, legal, and investment approval process.