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Answers (3)
- Marvin Hernandez, "Marvinloans"
- Contributions:20
Yes, you could get up to 75% cash out after the seasoning requirement and no other type of requirement is needed for qualifying other than the usual.
Feel free to contact me directly for anymore info.
Feel free to contact me directly for anymore info.
- goli90
- Contributions:10
Thanks for the info marvin... assuming it is an all cash paid non-owner occupied property I have read that some lenders provide up to 75% LTV cash out refinance based on your purchase price. Is that your experience?
Also, are there any requirements to qualify for the cash out refinance, other than the usual.... Thanks
- Marvin Hernandez, "Marvinloans"
- Contributions:20
Depending on what type of property, owner or non-owner and loan amount you could get up to 80% cash out after 6 months of ownership based off of the price you bought it for only. After 12 months you can use the new appraised value.
Good luck.
Good luck.
After buying an all cash foreclosed property what is the maximum LTV for a cash out refinance?
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