Cash-out refi on SFR in Tucson with 7 mortgages

9 Replies

Hey folks,

I have seven mortgaged properties, I'd like to do a cash-out refi on one of my homes in Tucson. I owe $57k on it and it should appraise between $140-145k. Can anyone recommend a bank that would consider a deal like that at 75-80% LTV? I live in NH.

Thanks!

I know a bank that will do it at 75% if you have a 700+ fico. Otherwise max is 70%. Has to be tenant-occupied and you need to live in a primary residence. Can't be a renter. Email me directly if you'd like the info.

Never received your email Benjamin.  Make sure to you the one in my signature below as I don't check this site as often as I should

 

Stone, rates are in the 7's, no points, for a 30yr term.  Pretty proportionate for not having to show income/employment/tax returns/exit strategy, etc. 

Just sent a second email, thanks! I used the email address in your signature line.

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