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I have a 668 credit score and I'm looking to cash -out refinance on a rentle house what are my chances.

by dunningdwon831 from , California. May 18th 2017 Reply

William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,727 contributions

More info needed.. but the short answer is YES.. you can do a cash out on an investment property.. Depending on your equity position and how much the Loan to Value will be once you add the cash back will determine if it's possible.. Also, a credit score is only one item we look at when determining eligibility.. so, we would need to look at your complete loan profile to advise you. if you have 5 minutes,,, give me a call, i'd be happy to look at your scenario and let you know what's possible for your situation. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

May 19th 2017
Larry Gray (lgray_312_247)
#594 ranked lender in California - 1,139 contributions

I am in California and we do provide cash out refinances on rental homes. I would be happy to qualify you. Your credit score should be adequate, but there is, of course, more to qualifying.

May 22nd 2017
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