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Updated almost 5 years ago,
CASH OUT REFI WITH A PORTFOLIO LENDER
Sometimes I feel a bit slow. I've been reading and listening intently x 2 years. We tried to refi last year but the appraisal came in waaaay lower than expected. We would have paid about 4k for a 14k cash out refi. Will a portfolio lender allow a larger percentage of the equity to be pulled out in a cash out refi? Not sure why this didn't occur to me sooner.
Thanks so much for your thoughts!!