The problem is – you have been told by a loan officer that they can’t help you get cash out because your loan to value ratio is over the 80% threshold required for a cash out loan in Texas.
Your solution is an Owlety loan. Many loan officers are unfamiliar with this loan – but an Owlety loan will allow you to refinance a home and get cash out to your ex-spouse over the Texas cash out 80% limit.
…in fact, we don’t treat it like a cash out loan at all. We treat the loan like a normal rate/term refinance.
If you are in this situation – contact me. I can get this loan done for you and help you out of this sticky situation!
I hope you have a good day today, and a good week. Thanks for reading!
Brett
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