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Updated almost 13 years ago on . Most recent reply

User Stats

77
Posts
2
Votes
Joe Smith
  • Akron, OH
2
Votes |
77
Posts

cash out restrictions on refinance

Joe Smith
  • Akron, OH
Posted

Since I as of yet do not have any commercial property, this is nothing more than morbid curiosity...

...I've heard that cashout on refi's in the commercial world cannot exceed 20% of loan amount regardless of LTV. Is this true, or is that only on certain loan products?

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