If you have been told you can’t get a cash out loan on your home becuase the loan amount it too small, you might want to take another look at it.
Before January 1, 2018 mortgage companies would have to turn away people wanting small cash out loans on their home. This was due to the way the Texas cash out laws were written.
The laws have changed as of January 1st.
…so, if you were considering a cash out loan on your home, you might want to take another look at it.
That’s it for today!
Have a good day! …and thanks for reading.
Brett