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Updated over 8 years ago,
Commercial Lender with 100% LTV
Does anyone know of a commercial lender in MA that will let you cash out re-fi with 100% of what the current market value of the home is?I am seeing 75%-80% in a lot of places.Example:
Market Price: 300K
Purchase Price: 260K
With 25% down current loan left is: 195K
I’d like to cash out with the market being as close to 300K as possible.With 75%, that will be 225K leaving me only cashing out 30K.
Thanks in advance for any help you may have!
Raj