Home › Forums › Financial Markets/Economics › Loan surcharges… Anyone else want to confirm? › AN wrote:All of those sounds
[quote=AN]All of those sounds about right. I’d refi cash out to 80% ltv 30 years fixed and use the extra cash to buy the investment property.[/quote]
Cash out would put him in conforming+ category and cost him 1pt of the total balance, not just the cash out part.