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FHA 5/1 arm for cash out refinancing

this is my first time refinancing..my current interest rate is 3.5% by redmancole34930 from Liberty, Pennsylvania. Jun 5th 2015 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Ok.. but What is your question? I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jun 5th 2015
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im in PA. I'm not sure of your question either. Please go into more detail

Jun 5th 2015
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Leo Harvey (LHARVEY)
#6 ranked lender in Pennsylvania - 149 contributions

I can refinance your current loan easily and quickly provided you can qualify. My office is in Media PA, Acre Mortgage and Financial Co. Inc.Cantact me at LHarvey@acremortgage.comLeo J Harvey,nmls# 103701

Jun 6th 2015
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

yes, you can go to a 5/1 ARM to refinance with a cash-out loan, but you may not get that much better a rate than you currently have. FHA limits cash out to 85% of the current appraised value. Please let me know if I can help. Pdumouchel@primelending.com

Jun 8th 2015
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