NO SEASONING CASH OUT INVESTMENT TEXAS MORTGAGE LENDERS

NO DOC TEXAS INVESTOR MORTGAGE LENDERS USING DEBT SERVICE COVERAGE FOR INCOME

• Qualification based on 100% DSC
• Up to 80% LTV
• Loan amount up to $5 million – or more
• 1-4 units, warrant able condos and non-warrantable condos
• Cash-out permitted with just 90 days’ seasoning
• Start investing sooner with foreclosure, bankruptcy, deed-in-lieu, or short sale permitted
  • Seasoned just 24 months with LTV/Reserve adjustments
  • Seasoned 48 months at standard LTV and Reserves

If you recently purchased a FL Cash out No Seasoning home and you are in need cash out immediately we can help. We approve borrowers all over FL Cash out No Seasoning Texas without no seasoning FL Cash out No Seasoning Texas cash out refinance mortgage. Our no seasoning FL Cash out No Seasoning Texas cash out refinance can be used for debt consolidation, or for any other purpose, we have a no seasoning FL Cash out No Seasoning Texas mortgage loan product as your solution.

Our no seasoning cash-out refinance mortgage offers FL Cash out No Seasoning flexibility and variety so you can meet your needs: obtaining cash for other investments, reducing a rate and monthly payment, or use the cash for working capital.

Most importantly, there is no seasoning to ownership or the condition. If a property was just recently rehabbed, our lender will fund based on the new and improved value… and allow cash out based on that new value.

No Seasoning TEXAS Features & Highlights

• Increased loan limits to $3M
• Cash out Up to 75% Loan To Value!
• Credit score as low as 640
• Payment shock not calculated
• Cash out on 2nd home and NOO for borrowers with up to 15 financed properties
• First time home buyers allowed
• Cash out loans up to $2M
• 15 and 30 years fixed, 5/1, 7/1, 10/1 ARMs. Interest only available on ARMs*
• DTI up to 50%
• Gift Funds and Gift of Equity allowed (refer to guidelines)
• No ownership seasoning requirement for cash-out refinance
• Cash out from the subject may be used towards reserves
• Conforming, high balance and jumbo loans for borrowers with multiple financed properties
• Standard Fannie Mae full income and asset documentation required
• US Citizens, Permanent Resident Aliens and Non-Permanent Resident Aliens allowed
• Non-Warrantable Condominiums OK case by case!

 SAME DAY APPROVALS! CALL NOW 954-667-9110

No Seasoning Cash Out FL Cash out No Seasoning Texas Mortgage Refinance

1. Min 620 Fico
2. 2 million FL Cash out No Seasoning Texas Max Jumbo No Season Cash out
3. Must have been a cash purchase
4. Source of funds used to purchase must be documented
5. No liens exist on the subject property

This is a great way for FL Cash out No Seasoning Texas investors and buyers to leverage a cash offer initially and then untimely still finance their home with a home loan.

No Seasoning Refinance To Cash Out FL Cash out No Seasoning

On a standard cash out FL Cash out No Seasoning Texas mortgage refinances, borrowers must wait out a full 12 months “seasoning” period (12 months must have passed after they purchased the home) before they could get a FL Cash out No Seasoning Texas Cash out No Seasoning Texas cash-out refinance on a purchase.   However, if a buyer paid cash for a home, they DO NOT have to wait 6 months.

A cash buyer can turn around do a cash out refinance the day after their cash purchase closes.  Owner occupants, second/vacation home buyers can replenish their cash with a no seasoning cash-out refinance immediately following their purchase – now12 month seasoning wait!

No Seasoning FL Cash out No Seasoning Cash Out Mortgage Refinance

Experienced FL Cash out No Seasoning Texas buyers and investors often pay cash for a property for a number of reasons.  Largely because cash purchases present a critical advantage when buying a FL Cash out No Seasoning Texas home in today’s market.  FL Cash out No Seasoning Texas buyers that make all-cash offers can leverage a lower price and or can be more attractive than a competing financed offer.

The challenge in the past is that paying cash has tied up an investor’s liquid resources.  This can limit an investors ability to leverage financing to strengthen their investment portfolio.  It can also hijack opportunities to use cash for other interest-earning opportunities or just the comfort of having cash on hand.

Acceptable Sources of Cash for Initial Purchase

On a no seasoning cash out refinance, a borrower can only pull cash back out of a recently purchased property if the cash used to purchase the property came from an acceptable source.  Acceptable sources include:

1. Cash from borrower’s own financial accounts
2. Funds from a home equity line of credit
3. Funds from a personal loan

Serving All Texas To Include and not limited to Abilene, Alice, Alvin, Amarillo, Andrews, Angleton, Arlington, Athens, Austin, Bay City, Beaumont, Beeville, Belton, Big Spring, Borger, Brenham, Brownsville, Brownwood, Bryan, Burkburnett, Canyon, Carrollton, Cedar Park, Cleburne, College Station, Conroe, Converse, Copperas Cove, Corpus Christi, Corsicana, Dallas, Del Rio, Denison, Denton, Dumas, Eagle Pass, Edinburg, El Campo, El Paso, Ennis, Fort Worth, Freeport, Gainesville, Galveston, Gatesville, Georgetown, Greenville, Groves, Harlingen, Henderson, Hereford, Hewitt, Houston, Humble, Huntsville, Ingleside, Irving, Jacksonville, Kerrville, Kilgore, Killeen, Kingsville, La Marque, Lake Jackson, Lamesa, Laredo, Levelland, Lewisville, Live Oak, Lockhart, Longview, Lubbock, Lufkin, Mansfield, Marshall, McAllen, McKinney, Midland, Missouri City, Mount Pleasant, Nacogdoches, New Braunfels, Palestine, Pampa, Paris, Pasadena, Pecos, Plainview, Plano, Port Arthur, Port Lavaca, Portland, Richmond, Rio Grande City, Rockwall, Roma, Round Rock, San Angelo, San Antonio, San Benito, San Marcos, Seguin, Sherman, Snyder, Socorro, Stephenville, Sugar Land, Sulphur Springs, Sweetwater, Taylor, Texas City, Tyler, Uvalde, Vernon, Victoria, Vidor, Waco, Waxahachie and Wichita Falls.