Need to Buy Out a Co-Owner? Use a Refinance or HELOC to Take Control of Your Property

Looking to buy out a sibling, ex-spouse, or co-investor? Peregrine Financial offers customized mortgage solutions designed to make the process easier, more affordable, and less stressful. Schedule a free consultation with our expert team to explore the right financing option for your situation.

If you co-own a home and want to take full ownership, you may not need to sell the property or use expensive personal loans. With a refinance, HELOC, or home equity loan, you can tap into your property’s equity and buy out the other owner — all while potentially securing lower rates and preserving your other assets.

Common Buyout Scenarios We Handle:

• Inherited properties: One sibling wants to keep the home, the others want their share in cash.

• Divorce or separation: One spouse wants to stay in the family home while the other exits.

• Real estate partnerships: Investors decide to part ways and divide their shared equity.

  
  

Financing Options That Can Help:

• Cash-Out Refinance – Replace your existing mortgage with a new one that includes enough cash to pay off the co-owner.

• HELOC (Home Equity Line of Credit) – A flexible option to access funds as needed.

• Home Equity Loan (HELOAN) – A lump-sum loan using your home’s equity with fixed payments.

  
  

These options can provide quick liquidity without selling the home or relying on high-interest credit sources.

Why Use a Mortgage-Based Buyout Strategy?

• Lower interest rates than personal loans or credit cards

• Preserve income-producing assets such as cash savings or investment portfolios

• Potentially qualify for a no-cash-out interest rate, which is often lower than standard cash-out rates — when the buyout meets specific lender criteria

• No need for a finalized divorce — we can proceed once the terms of the buyout are agreed upon

• We collaborate with your divorce or estate attorney, ensuring the financing process aligns with legal arrangements

  
  

Real Results for Real Clients

At Peregrine Financial, we’ve helped dozens of clients navigate property ownership transitions with confidence:

• A client buying out siblings from an inherited family home

• A divorcing couple where one spouse refinanced to remain in the home

• Two investors splitting ownership of a rental property through a structured HELOAN

Each solution was crafted based on our deep understanding of mortgage guidelines and the client’s legal and financial circumstances.

Ready to Take the Next Step?

Whether you’re going through a divorce, settling an inheritance, or dissolving a real estate partnership, Peregrine Financial is here to help. We’ll work closely with you (and your legal team if needed) to build a solution that’s cost-effective, compliant, and designed to move you forward.

Schedule your consultation today to find out how we can help you buy out a co-owner — without the stress.