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Private Lending & Conventional Mortgage Advice

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Jacob Sawyer
  • Rental Property Investor
  • Knoxville, TN
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13
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Trouble finding a fixed rate cash out refinance

Jacob Sawyer
  • Rental Property Investor
  • Knoxville, TN
Posted Feb 22 2021, 18:35

I'm having trouble finding a lender to do a 30 year fixed rate cash out refinance. The lenders I have talked to are only offering 15 year ARM loans right now they said due to Covid. What does that have to do with anything?

I'm currently about to wrap up the rehab on a BRRRR deal so I'm trying to find a lender to help with the cash out refi.

Does anyone know of any lenders licensed in Tennessee that can help me with this?

Thanks!

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