FHA Cash-out

Need to pay college tuitions or want that brand new car? That´s not going to be an issue anymore. Did you know that you are able to take out extra cash out of your house? That´s why the cash-out refinance program is ideal for you. It gives you the opportunity to extract money of your property for personal use.

A FHA cash-out lets a borrower to replace their current mortgage with another mortgage, as well as get cash, if you have sufficient equity in your property. The money you receive from the cash-out transaction can be used for any purpose acceptable to the lender.

No Overlays: We underwrite based on DU guidelines.

No Tax Returns: Wage earners will only be required to provide 2 years W2’s and a paystub from the previous 20 days

Low Credit Scores: 640+ FICO

Max LTV: 80%

No Mortgage lates in the last 12 months

*All overlays herein are subject to change without notice.*

HAPPY CLIOSING

CASHOUT – WHY NOT?

Home Equity

Possibility to transform your Home Equity into cash!

Flexibility

Manage your finances with leisure.

Got questions?

Our loan officers are waiting for you!

Want to know how much money will you receive if you cash-out?

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