Looking for an 80% cash out refinance

Hello! The short answer to this is, yes. For Conventional financing as well as FHA financing you can obtain a loan up to 80% Loan to Value, assuming you meet the standard qualifying requirements for Fannie Mae, Freddie Mac or FHA. For VA financing (as long as you're an eligible veteran and meet the standard qualifying requirements), you can obtain a loan up to 90% Loan to Value in general OR 100% Loan to Value as long as VA's net tangible benefit requirements are met. Many lenders do have "overlays" to the master servicer/insuring agency guidelines, so it's important to make sure that the lender you're speaking with has no overlays that would limit you.https://linktr.ee/thejdpecklendingteam

yes - 80% cash out on primary residence should be possible - feel free to contact me if you would like a referral to a colleague in FLA .....also - have you considered using a HELOC for the funds needed ? this may make more sense if you have low rate on your present mortgage ...here are my contact points Dave SKow 206 714 9745 dave.skow@movement.com