Ep. 52 Cash Buyers! Get Your Cash Back With No Seasoning Required Period!

by Tim Hart | Mar 24, 2021 4:08:00 PM

In this crazy SWFL real estate market, many buyers are having a hard time getting a house under contract. Due to some Sellers accepting cash offers over financed offers some buyers are choosing to pay cash to obtain a contract.


Some buyers may not know that you can do a cash out refinance days after you purchase the house.


We have a program called Delayed Financing where the buyer can do a cash out refinance without waiting for the normal 6 months seasoning.


The cash out is only used to pay back what it took to purchase the house. The Loan To Value is limited to 80% but you get that cash back at a low long term fixed rate mortgage.



Watch it on YT-1

Let me know If I can help you or someone you know with this situation.

Born and raised in Southwest Florida, I have been in the Mortgage business since 2001 I'm a grizzly, battle tested mortgage veteran. I am also the Host of Rates & Reels, which is the most popular fishing show in Southwest Florida, hosted by a guy named Tim. In my spare time I love spending time with my family, coaching baseball, and anything else my kids or wife want me to do. I would be happy to help you or someone you know with any of your Mortgage needs.

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