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  1. ... next lender would be comfortable with. Obviously this is a jumbo mortgage , but that brings you back to 82.35% LTV instead of a little below 20...

    4 Answers · Business & Finance · 19/07/2011

  2. ... of various kinds. 1st. if you cash out more from property A than your remaining...of... *** And that's all if you can find a cash - out refi of an investor property in the present loan market. ...

    1 Answers · Business & Finance · 05/12/2007

  3. The only way to do this is to do the cash out refinance first. This allows you to season...calculate your debt to income ratio because the new mortgage payment should be reporting by the time you apply...

    1 Answers · Business & Finance · 24/11/2009

  4. Even with stellar credit you can cash out only up to 80% of the value of the home in Texas. ... of equity: While you have equity to pull out , lenders have minimum fico requirement and guidelines...

    5 Answers · Business & Finance · 26/08/2010

  5. ... CL: No tax reporting for the money pulled out and the mortgage interest is tax deductible with certain limits. There is...

    2 Answers · Business & Finance · 12/03/2009

  6. Based on this limited information, I would say take the cash now and invest it conservatively if they can afford to unless they know that they can borrow...

    6 Answers · Business & Finance · 08/03/2009

  7. Refinancing an existing mortgage is a common transaction. When there is enough equity in the home, a homeowner can utilize a cash out refinance in order to take a portion of the equity from the home to be used for other...

    2 Answers · Business & Finance · 25/02/2011

  8. ...loan on the property and now want to " refinance " the existing loan. Again...since you say that you paid $50K cash , you will technically simply getting a new mortgage on the house (also called a ...

    3 Answers · Business & Finance · 28/04/2011

  9. I don't think that you have to pay taxes on that money. With the current economy though I would be hesitant to take money out of your house if you did not really need it. This is just more money to pay back over time.

    3 Answers · Business & Finance · 30/12/2008

  10. ... correct. Consumer debt interest is not deductible. By cashing out it is really consumer debt and you are getting a break. If...

    3 Answers · Business & Finance · 17/02/2012

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