Cash out Refinance

[Neil P.]

I plan to buy a second home all cash, however, I wanted to refinance afterwards. My credit is great and I have no problem qualifying.

1.  I want a bank with no seasoning requirements.

2.  My current bank  local bank said they will do it only after 6 months on the appraised value which i want, but i have to wait 6 months which i want to avoid.

3.  My current bank is saying they will only do 70% of the refinance after appraised value.

Basically i want to purchase the home all cash, refinance but my local bank said i have to wait 6 months and they will only give me 70%.

Are there any banks that have no waiting period after i buy the home, and give at least 75% of the appraised value?