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  • Home
  • About
    • Podcast
    • Meet the team
  • FAQs
    • Types of Loans and Down Payment Options
    • Maximum Number of Properties Financed and LLCs
    • Non-Warrantable Condos and New Construction
    • Refinances
    • The Sky is NOT Falling!! (2nd home loans, LLPAs, interest rates)
  • Program
    • DSCR Loan and Mortgage Program
    • Conventional Mortgage Loans
    • Full Doc Loan
  • Mortgage Calculator
  • Contact

FAQs

Refinances

How soon can I refinance my property after I purchase it?
6 months from the time you close on the property. DSCR usually does not have this restriction however, renovations could not have taken place within the last 6 months of that refinance.
What is the loan to value I can get out on a cash-out refinance?
Typically, the max loan to value is 75%. This means 75% X the value of your property.

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Disclaimer: This is not a commitment to lend or extend credit. All loans are subject to credit approval including credit worthiness, insurability, and ability to provide acceptable collateral. Not all loans or products are available in all states or counties or the one below.

The Mortgage Shop, LLC
NMLS# 2176469 – NMLS Consumer Access Page
Arizona Mortgage License number MB – 1039144

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  • Home
  • About
    • Podcast
    • Meet the team
  • FAQs
    • Types of Loans and Down Payment Options
    • Maximum Number of Properties Financed and LLCs
    • Non-Warrantable Condos and New Construction
    • Refinances
    • The Sky is NOT Falling!! (2nd home loans, LLPAs, interest rates)
  • Program
    • DSCR Loan and Mortgage Program
    • Conventional Mortgage Loans
    • Full Doc Loan
  • Mortgage Calculator
  • Contact

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  •   1016 Dolly Parton Pkwy Unit 9 Sevierville, TN 37862
  •    (800) 816-7982
  •    Mon – Sat : 09:00 AM – 5:00 PM Sunday : Closed

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