Q: What Score do you need to Cash Out Refinance?
A: And the NEW Answer is… Fannie Mae is changing guidelines December 1, and with that change you will need at least a 660 score to obtain a cash out refinance.
If you think you will need a cash out refinance in the next 12 months – please call us now. We have several scoring models that will help in determining what you can do to maximize your score. It takes at least 90 days to improve your credit score!
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Nice post. There’s a similar topic thats related to this in Yahoo answers or Google groups, I think. I’ll find the link and post it back here. This should spark up a good debate.
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