MORTGAGE-WORLD.com is an online mortgage company specializing in cash out refinances with a minimum credit score of 500.
MORTGAGE-WORLD.com is your cash out refinance experts with over 20 years of experience originating loans. Since 2008 we have specialized in loans for borrowers with less than perfect credit and borrowers with alternative documentation of income or no income verification.
Call us now 888.958.5382 for a quicker response!
Eligible property
- Single Family
- 2 Unit
- 3 Unit
- 4 Unit
- Coop
- Condo
- Condotel
- Townhouse
- Second Home
- Double Wide
- 3 Investment
- Mix Use
Call us now 888.958.5382 for a quicker response!
Cash Out Refinance
Cash Out refinance allows homeowners to refinance their existing mortgage by taking out another mortgage in order to Cash Out. Therefore taking equity from the property and using the refinance to get Cash Out.
Cash out refinance requirements:
Conventional – minimum 620 credit score up to 80% LTV
FHA Cash-Out – minimum 500 credit score up to 80% LTV
Self-Employed – minimum 700 credit score up to 80% LTV
Non-Conventional – minimum 550 credit score up to 55% LTV
No Income Verification – minimum 680 credit score up to 70% LTV
Cash Out Refinance – Everything You Need To Know
The “Four C’s of Credit”
- Credit history
- Capacity to repay
- Cash to close
- Collateral
You may not need equity in your property or good credit! There are programs available that do not require income verification, equity or good credit to refinance.
To begin the process of a cash out refinance apply online or call us.