Loan Scenario: CA, $417,000, 700, 56% LTV, Cash Out Refinance
Loan State: California
Loan County: Orange
Loan Type: Cash Out Refinance
Loan Amount: $417,000
Property Value: $750,000
LTV: 56%
FICO: 700
DTI: 12
Occupancy Type: Non-Owner Occupied
Property Type: Single Family Residence
Looking for an under 60% LTV cash out. The hitch is the borrower owns 5 properties and this bounces him out of freddie. Fannie mae will only allow limited cash out. Anyone know where we can get this done, looking to pull out 250k. Borrower is a surgeon with great income/assets.