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Updated over 4 years ago,
Cash out refinance on Signal family rental
Anyone did Cash out refinance on Signal family rental?
I am trying to do cash out refinance on single family rental and getting high rates 4.37% with 2 points.
My mortgage guy is saying rates are high because of COVID. Wanted to know if anyone did cash out in last couple of weeks and what rates they got.
Appraisal came out $254000
75% cash out (approximately $190000)
I have 800+ credit score