Do you mean the home you live in or a rental property?
If you mean the home where you currently live, there is NO way that you can get a cashout loan that is legally secured by that property according to Section A(6) of the Texas state constitution where the total financing on the property will exceed 80% of the value.
If you mean a property that you do not live in and additionally you own another property that you DO occupy, then you can, if you find the right lender, get a cashout loan on a non-owner occupied property for 100% of the value.[ Edited by Money4RE on Date 06/15/2005 ]
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Do you mean the home you live in or a rental property?
If you mean the home where you currently live, there is NO way that you can get a cashout loan that is legally secured by that property according to Section A(6) of the Texas state constitution where the total financing on the property will exceed 80% of the value.
If you mean a property that you do not live in and additionally you own another property that you DO occupy, then you can, if you find the right lender, get a cashout loan on a non-owner occupied property for 100% of the value.[ Edited by Money4RE on Date 06/15/2005 ]