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Updated over 6 years ago on . Most recent reply

Chris Engler's profile image
Chris Engler's profile image
Chris Engler
  • from Easton, Pennsylvania
  • Member since Apr 13, 2017
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Chris Engler's profile image
Chris Engler's profile image
Chris Engler
  • from Easton, Pennsylvania
  • Member since Apr 13, 2017
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Chris Engler
  • Easton, PA
7
Votes |
23
Posts
Allentown Real Estate Forum

Lehigh valley lending questions

Chris Engler
  • Easton, PA
Posted

I am trying to find a bank or credit union that will do a cash out refi on a house purchased less than a year ago. Every bank I have contacted will only lend on purchase price and not appraised value. I have two properties that I am trying to refinance right now. If anyone has any recommendations please let me know! Thank you!

Allentown, Pennsylvania
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Matt Spangenberg's profile image
Matt Spangenberg's profile image
Matt Spangenberg
  • from Emmaus, Pennsylvania
  • Member since Jul 14, 2017
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Matt Spangenberg's profile image
Matt Spangenberg's profile image
Matt Spangenberg
  • from Emmaus, Pennsylvania
  • Member since Jul 14, 2017
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Matt Spangenberg
  • Emmaus, PA
5
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Matt Spangenberg
  • Emmaus, PA
Replied

what part of Pa are you from ? If you are in the Lehigh Valley, Embassy Bank will do 80 percent of appraised value regardless of how long you have owned it. But they are just local to the Lehigh Valley 

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