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Updated over 8 years ago,
Refi with no job in Georgia
I have a question for a friend that has a house free and clear, but doesn't have a job. The bank won't let him do a cash-out refi without income. He is planning on getting cash out of this home in order to buy another one and rent the current house out. Can anyone suggest a lender that can help? Or what should he do in this situation? He doesn't want to sell it.