You Paid Cash. Get It Back.
Buy with cash to win the contract, then recover your capital shortly afterwards without waiting out the usual seasoning.*
Quick answer
Saxton Mortgage does. At least one conventional program we offer allows delayed financing under Fannie Mae’s rules: a cash-out refinance within six months of buying the home with cash. The new loan can be no more than what you actually put into the purchase plus closing costs, and the original purchase must have been at arm’s length.
Win with cash. Recover the cash.
A cash offer beats a financed one. This is how you make that offer without leaving your money in the house.
- An all cash purchase, at arm’s length from an unrelated seller
- Documented source of the purchase funds is required*
- The ownership seasoning that normally applies does not apply*
- At least one borrower on title at application*
- The amount returned is tied to what you actually paid*
- Primary residences, second homes and investment property*
Structured as a cash out refinance without the usual seasoning*
The purchase must have been an all cash transaction
Documented evidence of where the purchase funds came from*
The ownership seasoning that normally applies does not apply here*
At least one borrower must be on title at application*
The amount returned is tied to what you actually paid*
What is Saxton Delayed Financing?
A cash out refinance taken shortly after an all cash purchase
Delayed financing is a cash out refinance on a property you bought outright, taken soon after closing rather than after the waiting period that normally applies. The point is to let you compete as a cash buyer without tying up your capital.
Two things decide this one: whether the purchase was genuinely all cash, and whether you can document that the money was yours. Get both right and the usual waiting period does not apply.
It works only if the purchase was genuinely all cash and you can document where the money came from. Borrowed funds used for the purchase change the picture, which is why the paper trail is effectively the whole transaction.*
Why choose Saxton Delayed Financing?
Built for buyers who use cash as leverage and want it back afterwards.
Winning The Contract
In a competitive market a cash offer beats a financed one at the same price. This is how you make that offer without giving up the capital.
No Waiting Period
The ownership seasoning that normally applies to a cash out refinance does not apply here, which is the entire reason the transaction exists.*
Keep The Paper Trail
Where the purchase money came from has to be documented. Start the file with the settlement statement and the source of funds ready.*
Investors Use It Most
Buy a property outright, recover the capital, repeat. Buying through an LLC or partnership does not disqualify you, as long as you own 100% of it, and the same is true of an eligible revocable trust or land trust.
Not For Borrowed Money
If the purchase was funded with borrowed money rather than your own, the transaction is treated differently.*
Already On Title
At least one borrower has to be on title at the time of application, which a cash purchase satisfies by definition.*
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about recovering cash after an all cash purchase.
Saxton Mortgage does. At least one conventional program we offer allows delayed financing under Fannie Mae’s rules: a cash-out refinance within six months of buying the home with cash. The new loan can be no more than what you actually put into the purchase plus closing costs, and the original purchase must have been at arm’s length.
A cash out refinance on a property you bought outright, taken shortly after the purchase rather than after the waiting period that normally applies.*
A standard cash out refinance carries an ownership seasoning requirement, which means waiting. Delayed financing exists precisely so a cash buyer does not have to.*
The window is six months, measured from the date you purchased the property to the disbursement date of the new loan. A licensed loan officer can confirm the timing for your file before you make the offer.*
The settlement statement from the purchase and clear evidence of where the money came from. The paper trail is the transaction, so assemble it before you apply.*
The amount is tied to what you actually paid rather than to what the property might be worth now. Treat this as recovering your capital, not as taking equity out.*
Yes, and investors are the most common users. Buy outright, recover the capital, move to the next one.*
That changes the transaction, because the intent is to reimburse your own funds. Borrowed money is still workable: the cash out proceeds have to pay off or pay down the loan you used to buy, and any balance left over counts in your debt to income ratio. Gift funds are the one source that cannot be reimbursed at all.*
Not every lender does. It sits inside the cash out refinance rules as an exception rather than being a product with its own name on a rate sheet, so it comes down to whether a lender is comfortable documenting it. Plenty of mortgage lenders will tell you to wait instead. We do it.
A cash out refinance normally asks you to have owned the property for a period before you can pull equity back out. The delayed financing exception removes that wait when you bought the home with your own cash, within six months of the purchase, and the file is measured against what you actually paid rather than against what the property is worth now.
They are not the same thing, but they meet. BRRRR is an investor strategy, buy, rehab, rent, refinance, repeat, and delayed financing is one of the ways the refinance step happens sooner. If the purchase was cash, this is the route that returns your capital without waiting out the usual seasoning.
Find out what you qualify for
If you bought outright and want your capital back, there is likely a Saxton Delayed Financing route that fits. Get a fast, no obligation pre-qualification today.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Delayed financing is a cash-out refinance taken shortly after an all-cash purchase and is subject to documentation of the purchase and the source of funds. Amounts are tied to the original purchase. Requirements vary by occupancy, credit profile and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.