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A6 Loan in Texas

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sborst Joined: 23 Jul 2008 Posts: 2 1.77 Dollars($)	Posted: Wed Jul 23, 2008 7:29 am    Post subject: A6 Loan in Texas Like 0 Dislike 0 Can someone please explain what and why cash out refi's are called A6 loans - If I understand this correctly you can do a Cash-Out refi in Texas as long as it is a primary residence and 80% of appraised value.
chrisburns Community Expert Joined: 13 Nov 2007 Posts: 382 Location: Florida 65.98 Dollars($)	Posted: Wed Jul 23, 2008 12:09 pm    Post subject: Like 0 Dislike 0 There are many unique requirements for texas cash out refinance loans, some of which make very little sense to people. If you need further help please post your detailed questions. _________________ Chris Burns Five Stars Mortgage, LLC Office: 800-871-2636 ext. 200 Cell: 407-456-3697 Florida Mortgage Five Stars Mortgage On Facebook
Cheryl Torres Guest	Posted: Tue Nov 08, 2011 10:37 am    Post subject: A6 loan Like 0 Dislike 0 I am just trying to refi a home loan for a lower interest rate and now the rate is raised because of A6 rules and fees. I don't want any money extra just refi the home what is the explaination of cash out loan? We just want to move the loan from one bank to another because of a better rate.
jameshogg Joined: 20 Dec 2005 Posts: 10460 Location: Nevada 987.57 Dollars($)	Posted: Wed Nov 09, 2011 11:26 pm    Post subject: Like 0 Dislike 0 Hi Cheryl, As you don't want a cash out, you can go for a normal refinance. You should contact the local lenders and apply for a normal refinance. You should contact your lender and have a word with them in this regard. Thanks

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