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!
That’s it for today!
I hope you have a great day! Thanks for reading!
Brett
Did you know we have a mortgage program that doesn’t require any income documentation when…
Did you know even if you have “challenged” credit you can still get a low…
If you receive money from the State or a County sponsored organization for providing foster…
I wanted to address the two most common questions that I get regarding reverse mortgages……
If you purchased a home using your own cash, and now would like to pull…
I wanted to let you know we have a 2% to 5% downpayment and closing…
