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Updated about 9 years ago on . Most recent reply

User Stats

916
Posts
296
Votes
Shanequa J.
  • Realtor
  • Houston, TX
296
Votes |
916
Posts

Blanket loan in Houston

Shanequa J.
  • Realtor
  • Houston, TX
Posted

I have 2 properties under contract for 40k each and about 6-8k in repairs for both houses. Getting the HML is not hard. Refinancing out of it is what I'm finding to be difficult. Does anyone know of a bank that would refi a blanket loan on 2 houses worth 40k with 16k in repairs for a total loan amount of 96k?

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