1) Changes to the Texas Cash Out Loans. …biggest change – if you have a Texas Cash Out loan on your property you can now refinance it back into another type of loan. This was not allowed prior to January 1st.
2) Maximum Conventional loan is going to be $453,000. (at least for the Texas area)
Both of these changes are good and will help people.
That’s it for today!
Have a good day! …and thanks for reading.