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Updated over 4 years ago on . Most recent reply

Debbie C.'s profile image
Debbie C.'s profile image
Debbie C.
  • Member since Feb 16, 2019
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31
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Debbie C.'s profile image
Debbie C.'s profile image
Debbie C.
  • Member since Feb 16, 2019
Connect
Debbie C.
3
Votes |
31
Posts
Private Lending & Conventional Mortgage Advice

Difficulty of obtaining Cash Out Refinance for Retired couple?

Debbie C.
Posted

How difficult is it to obtain a cash-out refinance on a property for someone who is retired? My husband and I only have rental income (around $11k/month) and do not work. But we were hoping to do a cash out refinance on a 700k property which we own about 500k on. Is this possible right now? We live in the SF Bay Area (if that makes a difference).

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