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
stanley@loansuperstore.com
818-704-5626
