For the longest time we have been limited in our options if you wanted cash out on your owner occupied home in Texas.
If you wanted a fixed cash out loan it had to be a conventional loan and you needed at least a 620 credit score.
We are getting some products that give more choices if you want to get cash out of your home.
We now can do Texas Home Cash Out Loans using alternative documentation to prove your income. Such as bank statement deposits.
We can even go down to scores as low as 600, and you can have a Bankruptcy, Foreclosure, etc as long as they are greater than 12 months old.
So, if you or someone you know needs cash out of their home, have them give our offices a call. We will be happy to help you.
Thanks for reading!
Have a great day!
Brett