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Updated over 3 years ago on . Most recent reply

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22
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17
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Toks Akindele
17
Votes |
22
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Need to do Cashout Refinancing

Toks Akindele
Posted

I currently have 10 Conventional mortgages and I was told that is the maximum Fannie Mae allows; so the big banks are not able to finance any new purchase. I have 2 houses (in Kansas City, MO) I had bought with cash and I now want to do a Cashout refinancing of one of these properties. Does anybody know any lender in Missouri (or a National lender)  that will do a Cashout refinancing for me despite my having 10 Conventional mortgages. Any advice will help.

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