Blog Category: cash out

Cash Out Refi Restrictions Lifted

I have had some clients pay cash for a home for various reasons to expedite the purchase or to make the most competitive offer. They then plan to get a mortgage soon after the purchase to recoup a portion of their cash. And it used to be that if owned a property free and clear that you had to wait a least a half a year to be able to get cash back out of the home. But now there is an exception to that rule. Read More