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A Curious User
7 months ago
i own the house without mortgage. is there a fha loan for cash out? i do not want reverse mortgage .
 
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Bruce Reichstein
7 months ago
Yes, the FHA guidelines allow for a homeowner to do a cash out refinance up to 85% of the appraised value of their home. You can see the pros and cons at https://www.fha.com/define/cash-out-refinance
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