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Primary to rental cashout refi

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Koonzite | 23 Jul 2015, 11:04 PM Agree 0
My home has not sold and I need to move. I am now thinking of making this primary home a rental. My question is can I refinance to cash out equity? The balance of my loan is $86000 at 5.25%. The home is valued around $123000 to $127000. I am not purchasing a home when I move.
  • WMF | 27 Jul 2015, 02:58 PM Agree 0
    My husband is a great Mortgage broker who specializes in refinancing and can offer you some advice over the phone.
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