#TwoforTuesday – Rate and Term not Cash out! Many questions recently on combining a 1st and 2nd mortgage on non-agency, FHA and Conventional loans. Including paying off an ex-spouse from a divorce decree. Today’s guideline day so I go over these instances and what makes it cash out or rate and term ↓
Ready? Set – GO! – I’m in the office taking “I gotta guy” questions on all types of scenarios. Let’s chat and make a loan out of your scenario. I absolutely love helping LO’s structure loans to get them done, and done right the first time. Don’t be shy, all you need to do is text the word Juiceman to 33655 and you’ll get my virtual business card. On it is all my contact info. Submit me a scenario and I’ll respond immediately.
As I always say –