Specific requirements will depend on your lender, however it will typically include your credit score, debt-to-income ratio and home equity. Talk to your lender directly to ensure that you meet the specific criteria for the loan type you’re looking for.
Is a Cash-Out Refinance or HELOC easier to qualify for?
Generally, a cash-out refinance is easier to qualify for than a HELOC. HELOC's carry greater risks for lenders so they typically have more stringent requirements to get approved. For a cash-out refinance lenders generally look...
