Posted on: 18th Mar, 2010 02:57 pm
can you do an FHA cash out in TX of course @ 80%
hi mscj,
fha allows you to refinance up to 97% of the loan to value (ltv) ratio. but as per texas a6 laws, you are allowed to refinance only up to 80% ltv. thus, you can refinance with an fha loan in texas, provided the your ltv ratio remains within the limit as specified in the texas a6 laws.
fha allows you to refinance up to 97% of the loan to value (ltv) ratio. but as per texas a6 laws, you are allowed to refinance only up to 80% ltv. thus, you can refinance with an fha loan in texas, provided the your ltv ratio remains within the limit as specified in the texas a6 laws.