SanFrancisco版 - Fannie Mae 开放 Cash out REFI - - Cash Buyer 的福音 (转载) |
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c**l
发帖数: 324 | 1 【 以下文字转载自 Collin_Home_N_Loan_Valley 俱乐部 】
发信人: cxhl (countable), 信区: Collin_Home_N_Loan_Valley
标 题: Fannie Mae 开放 Cash out REFI - - Cash Buyer 的福音
发信站: BBS 未名空间站 (Tue Jul 12 15:25:57 2011, 美东)
Effective immediately on Fannie Mae loans:
Borrowers who purchased the subject property within the past six months
are eligible for a cash-out refinance if all of the following
requirements are met:
The new loan amount is not more than the actual documented amount of the
borrower's initial investment in purchasing the property, plus the
financing of closing costs, prepaid fees, and points (subject to the
maximum LTV, CLTV, and HCLTV ratios for the transaction).
The purchase transaction was an arms-length transaction.
The purchase transaction is documented by the HUD-1, which confirms that
no mortgage financing was used to obtain the subject property.
The source of funds for the purchase transaction can be documented (bank
statements, personal loan documents, HELOC on another property). Any
loans used as the source for the purchase transaction will be required
to be repaid on the new HUD-1.
All other cash-out refinance eligibility requirements are met and cash-
out pricing is applied.
Note: The preliminary title search must not reflect any existing liens
on the subject property. If the source of funds to acquire the property
was an unsecured loan or HELOC (secured by another property), the new
HUD-1 must reflect that source being paid off with the proceeds of the
new refinance transaction
For more information, welcome to join and discuss our club:
http://www.mitbbs.com/club_bbsdoc/Collin_Home_N_Loan_Valley.htm | c**l
发帖数: 324 | 2
贷款政策继续松动，以鼓励investor进一步帮助Fed把房市场拉起来。
【在 c**l 的大作中提到】
: 【 以下文字转载自 Collin_Home_N_Loan_Valley 俱乐部 】
: 发信人: cxhl (countable), 信区: Collin_Home_N_Loan_Valley
: 标 题: Fannie Mae 开放 Cash out REFI - - Cash Buyer 的福音
: 发信站: BBS 未名空间站 (Tue Jul 12 15:25:57 2011, 美东)
: Effective immediately on Fannie Mae loans:
: Borrowers who purchased the subject property within the past six months
: are eligible for a cash-out refinance if all of the following
: requirements are met:
: The new loan amount is not more than the actual documented amount of the
: borrower's initial investment in purchasing the property, plus the
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