Posted on: 07th Aug, 2009 09:59 am
Have property that is worth 6 Million, owned free and clear. Trying to perform a reverse refi, would like to know what the limit for cash out is on a reverse refi in Florida. Thanks!
it is $625,500 for florida
however loan amount will depend upon borrower's age, market value and equity in the home and the interest rate at the time of origination
however loan amount will depend upon borrower's age, market value and equity in the home and the interest rate at the time of origination