Possible to refinance mortgage with no job but high equity and extra cash for partial payoff?

Question by Vindaloo99: Possible to refinance mortgage with no job but high equity and extra cash for partial payoff?
I have 50% equity in my house, cash to reduce the loan amount even further, but no job at the moment. Do I have any chance of refinancing at “preferred” rates?

Best answer:

Answer by wizjp
MY understanding of the current loan policy is without an active source of income or employment, no reputable lender CAN make you a loan.

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