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is there any lender that can do FHA cash out refi at 85% with a fica score of 625?

by debnorris568 from Greenwood, Indiana. Mar 25th 2014 Reply


Joel Asbury (Winterwood)
#44 ranked lender in Indiana - 34 contributions

Yep. I have a few. Give me a call - 215-6687 Thanks I hope to hear from you soon. Joel

Mar 25th 2014
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Jason Lipinski (JasonLipinski)
#30 ranked lender in Indiana - 3 contributions

Yes - we go down to 620 cash out at 85 LTV. Max DTI is 45%. Please feel free to call me at 765-455-2000 thank you Jason.

Mar 25th 2014
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David Drakeford (david_drakeford)
#0 ranked lender in California - 63 contributions

Yes, give us a call. We can do anything above 500 fico score 85% cash out on FHA. Close in 17days. 800-446-9043 ext 801

Mar 25th 2014
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#77 ranked lender in Florida - 2,240 contributions

Yes there are many lenders that will.

Mar 25th 2014
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Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,112 contributions

Hi Deb, the answer is an absolute yes, depending of course on a full review of your credit, income and property. I would contact a local lender and you might find some who have commented on this page. Best wishes, Sean

Mar 25th 2014
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Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,895 contributions

Yes... there are a lot of lenders who would do that on an FHA loan, including us. But also remember, debt ratio and credit scores are only part of a loan approval. www.JoeMetzler.com

Mar 26th 2014
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John Schweer (johnschweer)
#9 ranked lender in Missouri - 163 contributions

the short answer yes, feel free to call me to discuss your filethanksjohn

Mar 26th 2014
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Dave Metsker (DaveMetsker)
#37 ranked lender in Oregon - 2,317 contributions

Yes. The important thing, in addition to your credit score, is the additional debt you will have AFTER the refinance. Make sure when you fill out your application, that you indicate what debts will be cleared after the refinance. Hint: installment debts with less than 10 payments remaining will NOT be counted in your debt ratio.

Mar 25th 2014
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Phil Dumouchel (PhilDu)
#1 ranked lender in South Carolina - 2,240 contributions

Hello fellow Hoosier (former here), yes, there are options but keep in mind that your score also affects the interest rate you get. If possible, you would be better off to work on improving your credit score first and then apply. You'll get a better rate and an easier approval. Good luck!

Mar 26th 2014
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