All Forum Posts by: Jill Rubin

@Jill Rubin

Are there other factors in which you were turned down besides credit score?  A conventional lender will look at 3 things:  Income, Assets and Credit.  So, if you have a low credit score, but you have other compensating factors (such as good income) it's possible to obtain financing.  However, would need all the pieces to the puzzle to know what else is going on.  If traditional financing doesn't work, you can look into Non-QM lending.  

 What's your credit score?

it's just a conventional refinance or get it over to a broker who can refinance it with any number of non-qm lenders.

PM me if you need a referral.

There are lenders who will refi you into a 30 year mortgage.  If Property in SC is worth 750k then in a refi you should be able to pull out nearly 500k - payoff the 272 and you have 278k for you. You can payoff MI too and still be left with 143k.

Don't know how long you've held the properties but most lenders like to see 6 months seasoning, some do 3 and a few places require no seasoning.