Hard Money Refinance - Posted by Brandon

Posted by Michael Pine on September 26, 2003 at 15:48:49:

Brandon,

If there are enough repairs to justify a new appraisal, and the credit score is over 650 I have no problem doing unseasoned refis.

Best wishes,

Michael Pine
email: Michael_Pine@Yahoo.com
AIM: MortgageBroker71

Hard Money Refinance - Posted by Brandon

Posted by Brandon on September 26, 2003 at 15:23:09:

If I understand correctly, most hard money loans are due in 12 months. And, my experience has been that most Refinancing lenders want you to own a property for 12 months. My question is: Has anyone ever had a problem where they couldn’t refi a HML because 12 month deal?