Cash out refi lender
Hi all, anyone know any cash out refi lender that would be able to refi under 6 months for the state of Indiana or have recommendations that require 6m? House just finished rehab and about to get rented out this week. Any help would be appreciated!
Thanks!
Jerry Padilla
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@Richard Dinh
If you paid cash you can cash out prior to 6 months with delayed financing but are subject to the purchase price plus closing costs as a ceiling limit.
For a typical cash out, you can start the process prior to 6 months and close right after you hit the 6 month mark. A SFR is an LTV of 75% and a MFR is an LTV of 70%.
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