How a Letter of Explanation Works on a Cash-Out Refinance
See how a letter of explanation works on a cash-out refinance, what underwriters ask, and what it can’t fix. Talk to Lendmire to compare your options.
Cash-Out Refinance
Articles about cash-out refinancing of investment and second-home properties. Start with the Cash-Out Refinance program page or browse the Cash-Out Refinance Guide Library.
How FHA Cash-Out Reads an MIP Exit Plan Versus a Streamline
See how an FHA cash-out reads an MIP exit plan versus a streamline, and which fits your equity. Lendmire can help you compare programs. Get started.
How Lenders Read a Parent’s Quitclaim for a Conventional Cash-Out
See how lenders read a parent’s quitclaim for a conventional cash-out, which clocks apply, and how to sequence the deed. Talk to Lendmire to compare programs.
How FHA Cash-Out Counts Rental Income on a High-DTI Borrower
See how an FHA cash-out counts rental income for a High-DTI Borrower, what rent is excluded, and how to compare options. Ask Lendmire to review your file.
How a Jumbo Cash-Out Lender Reads a Trust-Owned Home Buyout
See how a jumbo cash-out lender reads a trust-owned home buyout: who qualifies, what trust papers matter, and how Lendmire can help you compare programs.
How a Lender Counts a Parent Co-Signer on an FHA Cash-Out
See how a lender counts a parent co-signer on an FHA cash-out, what the parent’s income can and can’t do, and how Lendmire can help you compare programs.
How FHA Cash-Out Underwriting Reads an Unapproved Condo Project
FHA cash-out underwriting reads an unapproved condo in two layers. See what lenders check and how to prepare, then ask Lendmire to compare your options.
How a Co-Borrower Buyout Works on a VA Cash-Out Refinance
See how a co-borrower buyout works on a VA cash-out refinance, from solo underwriting to the 100% ceiling. Ask Lendmire to compare your options today.
How FHA Cash-Out Seasoning Counts a Home Bought Within a Year
See how FHA cash-out seasoning counts a home bought within a year, the 12-month clock, and your options. Contact Lendmire to compare programs today.
FHA Cash-Out Refinance Requirements Versus Conventional on a $300K Balance
Compare FHA cash-out refinance requirements versus conventional on a 300k balance: leverage, credit and insurance. Ask Lendmire to review your options.
How an FHA Cash-Out Works When Heirs Refuse to Sell
FHA cash-out works when heirs refuse to sell only if every owner signs or is bought out. Learn the steps and limits, then compare options with Lendmire.
How an FHA Cash-Out Works With a Non-Borrowing Spouse
See how an FHA cash-out works with a non-borrowing spouse: which debts count, who signs, and the 80% cap. Ask Lendmire to compare your options.
How an FHA Cash-Out Works on a Fourplex With a Low First Mortgage
See how an FHA cash-out works on a fourplex with a low first mortgage: the 80% cap, the rent test and reserves. Ask Lendmire to compare your options.
How a VA Cash-Out Works After a Sale Listing Expires
See how a VA cash-out works after a sale listing expires, what lenders ask for, and how occupancy and appraisal decide it. Talk to Lendmire to compare.
How a Lender Treats an Unpermitted Addition on a VA Cash-Out
See how a lender treats an unpermitted addition on a VA cash-out, what it does to value and cash, and how Lendmire helps you compare options. Get started.