How much equity will I need to do an FHA cashout

Hello Strata, FHA allows up to 85% LTV (meaning 15% equity based on the new loan amount and appraised value)I'm happy to help with the financing or just give you advice. If you need more information, or a competing rate quote call, email or use my live support button to discuss or get in touch with me. Web Address for live chat or quote is: http://www.loansfromrob.com/quote/ Email is robertlh66@verizon.net and direct phone is 240-752-7549. Good Luck -- Rob Hanson

The highest LTV for cashout is 85%

You may borrow up to 85% of the appraisal value of your house, on a cash-out refinance.

You can borrow up to 85% of the appraised value of your home.