Loan Scenario: CA, $620,000, 740, 68% LTV, Cash Out Refinance
Loan State: California
Loan County: San Mateo
Loan Type: Cash Out Refinance
Loan Amount: $620,000
Property Value: $910,000
Occupancy Type: Owner-Occupied
Property Type: Single Family Residence
What would be the best rate and closing cost for my scenario.
Everything can be verified, all documents ready to go.
Current loan = 405k WF, Basically I'm looking for 70%LVT or $620k whichever is the smallest upon appraisal. Fico 740+
FYI: Fannie Mae does not do cash out over 60% LVT
FreddieMac does http://www.freddiemac.com/singlefamily/mortgages/docs/Updated_LTVs_superconforming.pdf
Thanks for your help and advice.