Submitted by kimcanwait1 on Mon, 10/03/2011 - 16:44
Cash-out Refinance of Investment Property Under $50,000 In Texas
Cash-out Refinance of Investment Property Under $50,000 In Texas
Paid cash for property and rehab. Have owned property for 13 months. Comps in area are approximately $55,000. Credit is 700. Looking for 75% LTV ($37,500 - $40,000) cash-out refinance of investment property in Texas. Any idea where I can find a lender?? House currently leased for $1175.
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You will have to contact the local lenders and apply for refinance. The lender will check your financial situation and let you know whether or not they will let you refinance your mortgage. This community has a large number of lenders. You can seek a http://www.mortgagefit.com/quote/">no obligation free mortgage quote from them and check out whether or not you will qualify for a mortgage refinance.