Updated over 2 years ago on . Most recent reply
Refinance at appraised value at closing ~$100k
I have a cash deal under contract that I'm looking to refinance at appraised value rather than acquisition price right at closing. It will probably appraise for around $100k. It will be titled in an LLC. Can someone recommend a lender to work with?
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Jack Tulloch
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Jack Tulloch
#2 Mortgage Brokers & Lenders Contributor
Pro Member
#2 Mortgage Brokers & Lenders Contributor
- Lender
- Austin, TX
Emily - as others have mentioned, you will likely need at least 3 months seasoning for a lender to look at appraised value compared to cost basis.