Need to do Cashout Refinancing
I currently have 10 Conventional mortgages and I was told that is the maximum Fannie Mae allows; so the big banks are not able to finance any new purchase. I have 2 houses (in Kansas City, MO) I had bought with cash and I now want to do a Cashout refinancing of one of these properties. Does anybody know any lender in Missouri (or a National lender) that will do a Cashout refinancing for me despite my having 10 Conventional mortgages. Any advice will help.