Option Lease...

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Hi, all two qucik questions..

1.If i buy a house and i decided to do rent to own, would i be able to refiance with a unseason title?

2.When refiancing, are you just able to refiance the equity in the house or you can refi the value of the house??

thanks for the help...

Comments(2)

  • michealpage14th January, 2005

    1. Most lenders require a 1 year seasoning

    2. After whatever the lender determines as 'seasoned' you can refi for the appraised value of the house.

  • focusonmoney14th January, 2005

    So what about a equity line of credit. do i have wait a year or can i get a line credit right away??

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