by The Ardvaark
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?
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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