All Forum Posts by: Jake Little

@Erik Estrada

Yes sorry that's what I meant. I want a HELOC but don't have the seasoning of six months. Every place i've spoken to said that's necessary. Some say it's a year. Do you know of any options that don't require that.

Also is the date from the time it's recorded with the county or the date of instrument? 

@Erik Estrada Primary Residence :) 

Hi there, 

I'm curious if anyone knows of lenders that would let me perform a cashout refi without a seasoning period for me to be on title for 6 months. 

Situation: 

Mom bought the house over two years ago, her name is on Mortgage and Title alone. I helped with half the downpayment. I've now repaid her the downpayment and want to Cash Out Refi for investment purposes. We don't want a new mortgage because interest rate was so good. I'm fine getting reassessed for taxes if needed. 

Curious how y'all would go about doing a cash out refi in this situation. My credit is good (742) and income is more than enough to qualify for a Cash Out I just don't have the 6 month seasoning needed. 

Question.

For a quitcliam deed, does the seasoning start the day the deed is recorded or is it the date of instrument (the day that the deed is signed/notarized/delivered)?

Thank you in advance!

Question.

For a quitcliam deed, does the seasoning start the day the deed is recorded or is it the date of instrument (the day that the deed is signed/notarized/delivered)? 

Thank you in advance!