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So if they want to see a 680 score for a cash out refi then it gets questionable. That said, My guess is at that LTV and with the DTI looking low (once they pay off the cards) it shoudl be fine. Mark as New Bookmark Subscribe Subscribe to RSS Feed Permalink Print Email to a Friend Report Inappropriate Content.
Re: Cash out from land equity. Mark low interest rate personal loans unsecured New Bookmark Subscribe Subscribe to RSS Feed Permalink Print Email to a Friend Report Inappropriate Content. Re: Cash out from land equity. What did the loan officer think your chances are. They know their own banks underwriting tendencies (since it's portfolio'd), so they should have a fairly good feel on if you'll be approved or not.
We lend to owners, investors and developers in need of funding outside the scope of traditional banks and lenders. We offer loans for almost every scenario including maturing loans, technical defaults, small-balance, partnership buy-outs, in need of a fast close, purchases, refinances and commercial "value add lending". We are a one-stop shop for bridge, small balance loans, opportunistic, cash out and more.
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