Looking for a DSCR Cash Out Refi at 80%

[Joseph Pytcher]

Before you say they don't exist, they do. 

Send me a DM if you or someone you know can do an 80% cash out refi. Loan amount is $124,000. I have an appraisal already at $155k.

Thanks!  

[Erik Estrada]

It is possible but the rate will be high 

[Noah Wright]

Quote from @Joseph Pytcher:

Before you say they don't exist, they do. 

Send me a DM if you or someone you know can do an 80% cash out refi. Loan amount is $124,000. I have an appraisal already at $155k.

Thanks!  

 make sure to get multiple quotes and go with the lowest cost - we do them here

[Brandon Croucier]

The product is out there but its almost never worth the cost, the increased closing costs are going to eat up a good portion and your rate will be significantly higher.

80% sounds great, but the math doesn't math.

[Connor Hibbs]

Hi @Joseph Pytcher,

I can help with an 80% cash-out but you'd need a 700+ FICO to qualify and 720+ for it to be worth it realistically. If you want some rough pricing on what that'd look like just let me know.

Rates will likely be in the high 7's to low 8's at 80% to give you a rough idea. Rates drop significantly when you got down to 75% or 70% LTV.

[Jay Hurst]

Quote from @Joseph Pytcher:

Before you say they don't exist, they do. 

Send me a DM if you or someone you know can do an 80% cash out refi. Loan amount is $124,000. I have an appraisal already at $155k.

Thanks!  

 @Joseph Pytcher    What do you owe on the property currently? 

[Donna Rundo]

Hi Joseph! I'd love to assist. 

[Don Taylor]

Would love to help you with this. Send us a message so we can connect!