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Can we qualify for a refinance on a rental property w/ good credit and 20+% equity in the home?

  • February 10 2012 - US
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Answers (2)

Your 20% equity will work on a single family residence. If it is a multi-family property you will need at least 25% equity. If you have more than 4 financed properties, the guidelines will be different.
  • February 10 2012
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Yes, better pricing is with 25% equity, much more information would be needed, but so far you haven't said anything that would disqualify you.

  • February 10 2012
  • 0Yes

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