Can someone with a 620 fico score 3 family unit and 1 X 30 refi cash out

What is the LTV and is the property owner occupied or investment?

Hello, yes we have lenders that can do a cash out with a 1x30 late just sometimes would need a letter of explainstion to go with it. Feel free to reach out anytime to explain further! - Peter Costa Easy Apps Mortgage, Inc 617.290.2795

Maybe... but there is about 20 things needed to REALLY get a solid answer to you. My advice is to choose someone who is answering you here that seems to make sense and know what they're doing. Contact them directly and get all the details to them to get the answers you're looking for. Time to go OLD SCHOOL and pick up the phone. We won't bite.

I highly recommend consulting with a mortgage loan broker or two licensed in Massachusetts. 1 30 day late in the past 12 months, even on a mortgage loan will not automatically disqualify you for a loan. If you are seeking a conventional loan you will probably have to accept a higher rate by as much half a point for the same cost as the lower rate for a 740 or higher mid fico score. Nonetheless, whether 4.5% instead of 4.0% or what not, the cash out seems to be the goal so get quickly pre-qualified and compare rate/price offerings. FHA and VA loans will have better rates for the lower credit score.

Maybe... but there is about 20 things needed to REALLY get a solid answer to you. My advice is to choose someone who is answering you here that seems to make sense and know what they're doing. Contact them directly and get all the details to them to get the answers you're looking for. Time to go OLD SCHOOL and pick up the phone. We won't bite.