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Updated over 4 years ago on . Most recent reply

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9
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3
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Annie Drommond
  • Rental Property Investor
  • Northern Utah
3
Votes |
9
Posts

Cash out Refi Multiple Properties at once, affect Credit Score?

Annie Drommond
  • Rental Property Investor
  • Northern Utah
Posted

Have you cash-out refinanced multiple properties at once? What affect did this have on your credit score? I'm not super worried about increasing liabilities, as I'll be using the cash to payoff some existing HELOC balances. I'm more worried about length of credit history, as a few of these loans I've had for 10 plus years, and all of them will be new mortgages started at the same time. Looking to refinance 2-6 single family properties.

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