| Author |
Previous Topic | Next Topic |
|
Agent_Mike
987 Posts |
 Posted - 07/20/2008 : 11:05:23 AM
|
Hi Guys,
Any banks that will do a cash out refinance to 75% with no seasoning required?
I'm trying to find out more qualifications on this. I'm not sure about FICO, etc. But any banks can possibly do this? Thanks in advanced. |
|
|
|
VVance
6509 Posts |
Posted - 07/20/2008 : 12:09:56 PM
|
| Why not Fannie? Or are you in Jumbo territory? |
|
|
lukeallison
1617 Posts |
Posted - 07/20/2008 : 1:58:03 PM
|
| We can cash out with 1 day on title at Flagstar. I think US Bank will too. Not sure of the others. |
|
|
peter
6401 Posts |
Posted - 07/20/2008 : 6:35:09 PM
|
LP now requires 6 months title seasoning on refi cashout,
but DU still has not requred that yet, as per an e-mail from
HSBC.
Make sure that you select DU when you do the lender's AUS.
Peter |
|
|
davidfr
2226 Posts |
Posted - 07/20/2008 : 6:46:58 PM
|
quote:
Originally posted by peter
LP now requires 6 months title seasoning on refi cashout,
but DU still has not requred that yet, as per an e-mail from
HSBC.
Make sure that you select DU when you do the lender's AUS.
Peter
I don't agree. My understanding is that with the new version of DU but FNMA and Freddie require 6 months seasoning for cash out. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
