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Updated about 6 years ago on . Most recent reply

Sergey Perevalov's profile image
Sergey Perevalov's profile image
Sergey Perevalov
  • Investor
  • from Northridge, California
  • Member since Jul 5, 2015
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Sergey Perevalov's profile image
Sergey Perevalov's profile image
Sergey Perevalov
  • Investor
  • from Northridge, California
  • Member since Jul 5, 2015
Connect
Sergey Perevalov
  • Investor
  • Northridge, CA
3
Votes |
47
Posts
Private Lending & Conventional Mortgage Advice

Refinance House under $50K in Florida

Sergey Perevalov
  • Investor
  • Northridge, CA
Posted

Hi All,

Does anybody know if it's possible to refinance SFR under $50K? I checked with local (Florida, Orlando area) mortgages companies and lowest loan is around $50K but how about refinancing? Does the same rule apply?

Looking at sellers finance with baloon payment but not quite sure if I'll be able to refi if house is under $50K.

Any advice will be appreciated. 

Thanks.  

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