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a cash out refinance, tx A6 law for primary residence

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sannick8_8 Joined: 06 Jan 2010 Posts: 1 1.30 Dollars($)	Posted: Wed Jan 06, 2010 12:41 pm    Post subject: a cash out refinance, tx A6 law for primary residence Like 0 Dislike 0 Can you use ant type of loan for the refinance ie: 5 or 7 year adjustable, 15 or 30 year fixed, interest only, etc?
tfaulhaber1 Community Expert Joined: 17 Dec 2009 Posts: 562 75.68 Dollars($)	Posted: Wed Jan 06, 2010 2:46 pm    Post subject: REFINANCE Like 0 Dislike 0 Yes. You are looking for a loan that best fits your situation. How long do you plan on residing in that property. Do you plan on keeping that home if you move. What payment best fits with your monthly income. ETC ETC _________________ Theo (Ted) Faulhaber 516-403-9116 516-634-4417 tfaulhaber (at) vanguardfunding.net
john gorham Guest	Posted: Wed Jan 06, 2010 3:51 pm    Post subject: cash out refinance, tx law A6 Like 0 Dislike 0 not over 7 years based on age. home would be sold.
tfaulhaber1 Community Expert Joined: 17 Dec 2009 Posts: 562 75.68 Dollars($)	Posted: Wed Jan 06, 2010 3:55 pm    Post subject: Like 0 Dislike 0 What's the reason for your refinance? You can post here or contact one of us directly. _________________ Theo (Ted) Faulhaber 516-403-9116 516-634-4417 tfaulhaber (at) vanguardfunding.net
john gorham Guest	Posted: Fri Jan 08, 2010 2:37 pm    Post subject: cash out refinancing re tx law A6 Like 0 Dislike 0 Further research revealed I cannot use a cash out loan since I have an AG exemption on my property. To consolidate I assume I can refinance my primary loan and equity loan at face value with no cash out.

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