inherited home from my father who passed, on deed for over a year now, what cash-out refi can i qualify for?

You can certainly do a refinance, however depending on whether you live in the property or not will determine what your maximum Loan to Value would be.. HELOC's are great, but are most always for owner occupied properties.. with a HELOC, you apply one time and you have unlimited use of the homes equity without having to re apply each time you need funds.. .. 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. 480-287-5714 WilliamAcres.com

You can cash out now.. with an "investment" you can go up to 75% of the appraised value.. email me at nloudan@primelending.com for more information.

If you can show that you lived in the home during that period, you may qualify for 80% to 85% of appraised value, limited by your debt obligations.

more info is needed but the best option will depend on several factors including how much work needs to be done? are you living in the home? what are your other debt obligations? etc.?

Hi Derek, I am Branch Manager/ Loan Officer right here in your area. Please call me at: 804-556-0685, or email me at: jcherry@loansimple.com. and I will be more than glad to answer all your questions and address any concerns that you may have. My name is Jericho Cherry.

Good Evening Mr. StoneThank you for your inquiry and sorry for the loss of your father, in regards to your question on inherited property there is no wait period so you can refinance the property at any time. Since you don't intend to keep the house I would recommend either a heloc or a 3 or 5 year arm on a conventional loan depending upon how much you think it would take to renovate the property. My name is Donna Winborne Mortgage Banker for Peoples Bank DWinborne@bankingunusual.com

You don't mention if you now live in the house... But regardless, as an owner of the property, yes you are allowed to refinance. Depends on a lot of variables, it may or may not make sense to use a Home Equity Loan (HELOC). Talk to a qualified licensed mortgage broker in your local area to help answer your questions.

Your options depend on whether you currently live in the home or if its an investment property. I'm a seasoned mortgage professional in the Richmond area. Feel free to call me and together we can determine what program/product would be right for your situation. Lynn Bossi-Kinsel, NMLS#259819, 804-677-8588.

Hi Derek, your options will depend on some additional details: whether you currently live in the home or will after the work is completed (at least until you sell it down the road); what the value is of the home currently vs. how much you owe on it; how much cash you need to make the improvements desired; etc. Your score and income are a big help depending on the type of loan and how much other debt you may have. We offer a full range of renovation and repair escrow loans, both conventional and FHA, for owner occupants or rental property, and these are one of my specialties, feel free to contact me to run through your options: pdumouchel@primelending.com or 843-619-6025. Normally, for a well qualified borrower a conventional loan is a better option.

PS. Of course, if you can get enough cash from refinancing that is the quickest and easiest option, plus gives you the most flexibilty. The maximum you can get cash out is normally 85% of the current value of the home (90% if you happen to be eligible for a VA loan). HELOC's sometimes will go as high as 90% of the current value.