This is because a cash out loan is a Conventional loan, and the guideline is a minimum 620 credit score.
…At least that’s what you’ll hear form most loan officers.
I wanted to alert you to a product we just added. …Cash out loans down to 580. This is a non conforming product, and the rates will be higher, but you can get cash out down to 580.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett
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