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Updated over 6 years ago,
Cash out loan needed. No tax return.
Kevin LefeuvrePoster
#3 Coronavirus Conversation Contributor
#3 Coronavirus Conversation Contributor
- Los Angeles, CA
A relative of mine is looking for a cash out loan on a $700k clear property in Southern California. He's being offered 5.1% ARM 5/30 (5.1% fixed for 5 years then adjustable for another 25 years), with LTV 60%. No tax return , just asset based. He has another property, clear too.
Is there any better program out there for him?