TexAmerica™
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Contact UsContact Us| 1. | The home being refinanced must be in Texas. TexAmerica™ no longer finances out-of-state properties. |
| 2. | The home cannot be your homestead. TexAmerica™ only refinances business/rent houses, vacation properties, or second
homes. |
| 3. | The maximum loan-to-value ratio for refinances is 40%. That means if your rent house is $100,000.00 in value, the maximum
TexAmerica™ will lend on that rent house is $40,000.00. |
| 4. | What is the amount of the loan you are seeking? TexAmerica™ makes mortgage loans up to $125,000.00. |
| 5. | Do you have good credit? TexAmerica™ requires a credit score of 780 or above to refinance a mortgage. |
| 6. | Do you have an income sufficient to make the monthly payments? All sources of revenue, (including rental income), will be taken
into consideration when determining whether to approve your loan for a refinance. |
