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refinancing investment p roperty

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mscluso Joined: 23 Mar 2010 Posts: 1 1.27 Dollars($)	Posted: Tue Mar 23, 2010 9:35 pm    Post subject: refinancing investment p roperty Like 0 Dislike 0 I own rental prop in Round Rock, balance on loan $70,000 value property 158,000 interest 7.25, want to refinance strickly for lower rate, low credit score is 735, self employed caan't prove income cuz mostly paid cash, what can ido? I live in ca
sara Moderator Joined: 05 Jul 2006 Posts: 2694 Location: New Brunswick, New Jersey 496.42 Dollars($)	Posted: Thu Mar 25, 2010 3:11 am    Post subject: Like 0 Dislike 0 Hi mscluso, The lender will want your employment history in order to approve you for a refinance. If you cannot provide the lender with your pay stubs or any related documents, I don't think you would be able to get a refinance. You can take the help of a cosigner who has a stable financial history and try to refinance your home loan. Take care. _________________ Find me at FB: http://www.facebook.com/people/Sara-Jones/100002976822020

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