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What lender will allow you to cash out refi a primary home w

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Icon Mini Profile vamonos0831





Joined: 05 Mar 2008

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1.31 Dollars($)
Post Posted: Wed Mar 05, 2008 11:31 am    Post subject: What lender will allow you to cash out refi a primary home w
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was pulled off of mls...I need a cash out of 417000 on a primary sfr home
the ltv/cltv will be 72/83
680 score stated self employed
Icon Mini Profile larry





Joined: 27 Jun 2007

Posts: 3322

474.67 Dollars($)
Post Posted: Wed Mar 05, 2008 11:40 am    Post subject:
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Hi Vamonos,

Welcome to the forum.

Your credit score is good. Qualifying for Cash out refinance should not be problem for you if you have gained good amount of equity.

How much is the appraised value of your house? How much equity do you have?

Best of luck,
Larry
Icon Mini Profile brad



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Joined: 17 Dec 2007

Posts: 80
Location: Florida
20.67 Dollars($)
Post Posted: Wed Mar 05, 2008 12:56 pm    Post subject:
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vamonos0831

The most important info is, when did you take the property off of MLS? Sure their are lenders out there that will take your

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Icon Mini Profile Jeanette
Jeanette
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Joined: 19 Oct 2007

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Location: 760 Lynhaven Parkway, suite 140 Virginia Beach, Virginia
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Post Posted: Wed Mar 05, 2008 3:22 pm    Post subject:
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This should not be a big deal for a lot of lenders. A lender will be able to get you cash out refinance on your primary sfh if you have enough build up equity.. Your score and ltv is definately workable.

Jean,LO
Rep
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