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Updated over 4 years ago,
Are there any new restrictions coming out for cash out refi?
I wanted to find out if anyone has heard of any new restrictions coming down the pike for cash out refi? I spoke briefly with a local lender and he said that it will much harder to do cash out refi’s in the near future. Predominately thru Freddie Mac and Fannie Mae. He didn’t give specifics.
Anyone else hear about this?