Generally yes, you can typically cash out on a home. But there are limits based on many factors. For example, is it owner occupied, or a rental? Contact a local mortgage broker in your area, give them a full application, and let them zero in on what is available to you for your individual situation.
Yes. You are able to get cash out on this property. There are several loans that we could finance this transaction with. Gold Star Mortgage can help you with the financing and we can get the loan closed in 30-45 days. Call me at 612.501.5113 or email me at jschaefer@gsfmail.com! Thanks, Jim
Yes you can but you would want to go with a Jumbo mtg. because your loan size would be too high for a Conv. loan the cap is $533,850 for a 2 unit. Barclay Butler. 224-420-9990.bbutler@barclaybutlerfinancial.com. www.barclaybutlerfinancial.com
Depending on your credit and income qualification, you should be able to get cash out on your home. Please email or call if you would like more information or a quote if your property is in Illinois. Best regards, Patty Harrison, patty@smartmtgs.net
I an refinancing a rental property with cash-out for a client now to 70% LTV. If you qualify in regards to credit, DTI, etc...you do still likely have room for cash-out be it primary home or investment property.
Possibly, but lending guidelines limit your maximum loan to value.. which for investment cash out refi's on 2 units is 70%. Obviously, much more info is needed, but the guidelines do allow for a cash out refi, even on investment properties.. 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 NMLS# 226347
It sure appears that you can refinance. However, that is sibject to verifying your credit report and income.
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