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re: Cash-out refi, best option for addition to house?

Posted on 11/19/12 at 1:16 pm to
Posted by lsu tigerdog
Baton Rouge
Member since Nov 2007
248 posts
Posted on 11/19/12 at 1:16 pm to
if you decide to do a refi and take cash out, on the bank side, you'll get hit on the rate because of adjustment due to being a cash out loan, max loan to value will be 85%,that is conventional and fha product.
15 yr term as low as 2.875%
i suggest line of credit
if you have questions, call me 225.291.7901 x 224
Posted by Venelar
The AP
Member since Oct 2010
1136 posts
Posted on 11/20/12 at 4:01 pm to
@LSU tigerdog

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