Credit Unions/Banks that do cash-out in 6months?

[Shuvrajit Mukherjee]

Does anyone know of any banks or credit union that does cash-out refi with 6 month's seasoning (conventional loan)? Not looking for DSCR or broker, the property is appraised at only 100k, and the associated fees with brokers make the deal almost impossible to work with.

[Shuvrajit Mukherjee]

Quote from @Ginna Stauble:

Quote from @Shuvrajit Mukherjee:

Does anyone know of any banks or credit union that does cash-out refi with 6 month's seasoning (conventional loan)? Not looking for DSCR or broker, the property is appraised at only 100k, and the associated fees with brokers make the deal almost impossible to work with.

 Conventional loans require you to wait a year for cash out. I am a broker who only charges my repeat investor clients 1.5% regardless of the loan amount. I also have cash out with zero seasoning available for your future buy and hold needs. I sent you a connection request. I am sorry you've had bad experiences with brokers, but there are some good ones who would like to help you grow your portfolio and value repeat business. 

I didn't have bad experience with the broker, in fact he tried his best to assist me. But I think in such low end deals the fixed fees are kind of deal killers, hence was thinking of alternatives.