Texas Cash Out Loan Guidelines…

By
Mortgage and Lending with Berkshire Lending, LLC

small-brett-pic6A few of quick notes on some of our guidelines for Texas Cash Out loans…


1) We can do Texas Cash Out loans down to credit scores of 620.
2) We can do up to 10 acres for urban areas.
3) We can do up to 20 acres for rural properties.
4) 1 day off the market with a 70% LTV for properties that have been listed.
5) Payment of current property taxes are not considered a Texas Cash Out loan.

I hope you have a great day! Thanks for reading!

Brett

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Comments (1)

DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

Good bullet list for someone considering a Texas cash-out loan.   Contact Brett Sampson for specifics.

Nov 02, 2015 05:19 AM