Loan Scenario: MA, $600,000, 780, 50% LTV, Cash Out Refinance
Loan State: Massachusetts
Loan County: Norfolk
Loan Type: Cash Out Refinance
Loan Amount: $600,000
Property Value: $1,200,000
LTV: 50%
FICO: 780
DTI: 35
Occupancy Type: Non-Owner Occupied
Property Type: 3-4 Unit Duplex
Owner is seeking a HELOC to pay off existing first mortgage and have a line to draw upon.