This post has been de-listed
It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.
I'm not a loan originator so I apologize for intruding. I just couldn't think of anyone more qualified to answer this question than this Reddit.
I currently own a primary residence and investment property. The rental unit will be occupied in a few weeks after housing authority inspects the unit. I have $50K saved but my self-employed income dropped dramatically since 2020. I currently have no other income than that and the rental. But I'd like to get another rental property without ravaging my savings.
I've heard of non-QM home loans... and non-QM loans for investment properties... But are non-QM cash-out ReFi's possible? I've barely found any information about it.
What documentation would be asked of me if these existed and would the rate be outrageous?
Subreddit
Post Details
- Posted
- 2 years ago
- Reddit URL
- View post on reddit.com
- External URL
- reddit.com/r/loanorigina...