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Private Lending & Conventional Mortgage Advice

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Laura MacDonald
Pro Member
8
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28
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NEED to RE-FI! Have ALL but 'standard' income!

Laura MacDonald
Pro Member
Posted Jul 31 2021, 08:14

Hello! I am desperately looking to do a cash-out re-fi on 2 different

properties. The LTV would be about 58%, we have credit scores around

800, have owned the properties for almost 20 years (verifiable rental

history), current rents would cover PITI (after the cash-out).....but we

are W-2 employees in a new start-up that does NOT have 2 years

history. Can anyone help point me in a direction or refer me to

someone/anyone (??) who could possibly help me? Would need to be at

about 3.375-3.5% to have it make sense. FM/FM loans will not work due

to the fact that they cannot 'count' our income. Any direction would be

greatly appreciated! Thanks in advance.

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