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Mortgage Community Forums | Looking for Mortgage again | I have a second home I would like to refinace and recieve extra monies. Is theor any rul;es or laws

I have a second home I would like to refinace and recieve extra monies. Is theor any rul;es or laws

Posted on: 09th Feb, 2009 12:12 pm
I have a second home I would like to refinace and recieve extra monies. Is theor any rul;es or laws...I have a second home I would like to refinace and recieve extra monies can that be done in texas. Are there any laws or rules against this.
hi connie,

the texas a6 law does not hold for cash-out refinance loans on second home. just check out a previous discussion on this at http://www.mortgagefit.com/texas/a6loan-law.html#28376 .

thanks
jameshogg
Posted on: 10th Feb, 2009 12:02 am
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