Refinance Investment no past rental experience

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firewire

39 Posts

Posted - 05/06/2008 : 10:35:56 AM

I have a client that recently purchsed a home. He has moved to a new residence and now he turned the property he just moved out of into a rental. His mortgage on it just adjusted and he wants to refinance into something fixed. Will anyone do this with less than 2 years of history as an investor? 720 Fico, Full Doc, Propery is located in NV - Declining Market. Looking for approx 80% LTV Conforming Loan. E-mail carol@cleanclosing.com

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