Best Refinance option?

[Alexis Zuniga]

Currently looking at refinancing a property I have 100% payed off, currently running as a mid term furnished rental producing good money so not interested in selling. However my credit score has taken a hit to 620 and most programs require a 700 credit score. Has anyone had luck refinancing with this credit score in the Seattle area or should I just wait to raise credit score before trying?

[Robin Simon]

Quote from @Alexis Zuniga:

Currently looking at refinancing a property I have 100% payed off, currently running as a mid term furnished rental producing good money so not interested in selling. However my credit score has taken a hit to 620 and most programs require a 700 credit score. Has anyone had luck refinancing with this credit score in the Seattle area or should I just wait to raise credit score before trying?

 I would recommend working on credit and being a bit patient - sounds like not a super urgent need to refinance immediately - best course of action would likely be getting your credit up to the 660+ range or especially 680+.  I would advise against jumping into and getting pressured into refinancing with a 620 and locking in rough terms