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Does Texas Cash Out apply to rural property?

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Icon Mini Profile eleblanc





Joined: 22 Sep 2010

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Post Posted: Wed Sep 22, 2010 12:17 pm    Post subject: Does Texas Cash Out apply to rural property?
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I am trying to consolidate a remaining mortgage and an equity loan. Does Texas Cash Out apply to rural property?
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Post Posted: Thu Sep 23, 2010 2:40 am    Post subject:
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Hi eleblanc,

As far as I know, you'll be able to take out a cash out mortgage for a rural property in Texas. You should contact the local lenders in order to get a refinance for the concerned property.

Take care.
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