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Updated almost 6 years ago,
Minimum Loan Amount For Cash Out Refi
Does anyone know of a lender that will loan around $65k? I am trying to do a cash out refinance on a SFH that has an ARV of around $90k. 75% of the ARV is $67,500 and most lenders I have seen will not do a loan for less than $75k. I know a few local banks can do this but I am trying to have a seasoning period of just 30 days. Any suggestions?