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Updated over 7 years ago on . Most recent reply

Marcin G.'s profile image
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Marcin G.
  • Investor
  • from Old Bridge, New Jersey
  • Member since Feb 12, 2016
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Marcin G.'s profile image
Marcin G.'s profile image
Marcin G.
  • Investor
  • from Old Bridge, New Jersey
  • Member since Feb 12, 2016
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Marcin G.
  • Investor
  • Old Bridge, NJ
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Creative Real Estate Financing

Fannie Mae/Freddie Mac ReFi cashout based on Appraisal

Marcin G.
  • Investor
  • Old Bridge, NJ
Posted

The Fannie Mae and Freddie Mac guidelines are a little ambiguous when it comes to using appraised value for cash out refinance. I’m trying to get a clear answer on when that 6 months waiting period is actually satisfied. Is it the application / lock date? The date the appraisal report is completed? The date of the closing?

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