Any Primary residence cash out refi Lenders?

2 Replies

Hi Folks, 

Any recommendations on lenders?

450k primary residence home in TN, seeking lender who would do 20-30yr fixed or balloon, non FNMA only due to the client having large cash holdings but no income in 2016 / 2017 due to their large section 179 tax depreciations those yrs 

Thank You

James

@James Wiltz You can try assets based lending.  Client will be able to cash out lower loan amount under this program or portfolio lending.

Originally posted by @James Wiltz :

Hi Folks, 

Any recommendations on lenders?

450k primary residence home in TN, seeking lender who would do 20-30yr fixed or balloon, non FNMA only due to the client having large cash holdings but no income in 2016 / 2017 due to their large section 179 tax depreciations those yrs 

Thank You

James

 Is the borrower a W2 or self employed?

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