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Sep 28, 2017 - 34 minute read

Eastwest cash advance rate

So if you are in the process of refinancing your current loan please remind your HomeStart Loan officer if you had previously performed a cash-out or home-equity loan against your home. What is the maximum loan to value on a cashout loan. In the state of Texas cash-out and home-equity loans for homestead properties are restricted by the Texas Constitution (see section 50 (a) (6) article XVI). This article restricts cash-out loans to a maximum loan-to-value (LTV) of 80.

In other words, if your home is worth 100k the maximum allowed loan on the home would be 80k. If the home is not designated as a homestead or primary home, the maximum loan-to-value is usually 90. Of course, the above is subject to approval. Ask your HomeStart loan officer to explore your available possibilities for a cash-out loan before starting the process with someone else.

Are there any restrictions on what Eastwest cash advance rate can use the money from a cashout.

Eastwest cash advance rate

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Eastwest cash advance rate

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