Cash out refi referrals

[Jeff M.]

Looking to refi a home that was recently remodeled and rented out. The last two refinances have been very slow. Two different lenders both having issues with increased volume. Has anyone recently completed a cash out that they felt went smoothly? Can we share that info here? National lenders please.

Thanks!

[Andrew Postell]

@Jeff M. most national lenders are somewhat counter-productive to "fast".  Now, what your definition of "slow" is on your last deals might be relative.  So if it took 5 weeks....that might be fast to most lenders anywhere.  We do try to work with smaller, local lenders...they tend to be more flexible...but if fast is the most important priority then focus on portfolio/commercial style loans.  The exchange will be the rate but the simpler/faster might be more of what you need. I would still encourage you to post in the local state forums that you are investing in to see if any locals can guide you to a good lender.  They may not be nationwide but it might be a good place to start.  Hope this helps in some way.