High Balance Cash Out Rates Improves

Our cash-out rate on Fannie Mae and Freddie Mac high balance (county specific but to $636,150 in Los Angeles County) has improved as we are able to suspend the normal 1 point add-on for cash out on this program.  This translates to a rate improvement of approximately .375%!  So if you have not refinanced your high balance loan, or need cash out on your existing mortgage, give us a call and save money!  This improvement in high balance cash out rates applies to single family residences, 2 to 4 units (which allows much higher loan amounts), non-owner occupied properties, and second homes.  Contact me today to take advantage of our  high balance cash out rate improvement!


Stanley Goodfriend