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texas cashout

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mrota Guest	Posted: Mon Sep 21, 2009 3:33 pm    Post subject: texas cashout what 3 forms that a non-borrowing spouse must sign on texas cashout loan? Are non-occupant co-borrowers allowed on a texas cashout loan? How many acres are allowed on urban homestead properties on texas cashout loan? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jenkin7 Joined: 04 Jun 2007 Posts: 3421 Location: Hawaii 512.47 Dollars($)	Posted: Tue Sep 22, 2009 3:13 am    Post subject: Hi, If the non-borrowing spouse is on the title to the property, he/she needs to sign almost all the mortgage documents except the promissory note. I don't think a non-occupant can co-sign on a Texas cash-out loan. Whoever signs on Texas cash-out loan, has to use the property as a primary residence. As far as I know, a maximum of 10 acres are allowed on urban homestead properties on Texas cash-out loans. The limit for rural homestead properties is 100 acres if you're single.

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