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Updated almost 8 years ago on . Most recent reply
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CashOut APR climbing as I ask to max out at 80% ltv
Hi Everyone, i'm doing my first cash out Refi and was quoted at 4.75 initially but now lender claims because I asked for 80% ltv cash out that it may climb up to 5%. Is this common? I think i was asking for 60% initially then 75% and now i'm just going to go for the full 80%.
Most Popular Reply
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Hi @Aaron Frances,
Cash out refinance "loan level pricing adjustments" by FICO score and LTV, from fanniemae.com: