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Is it possible for a retired person to refinance their mortgage?
Is it possible for a retired person to refinance their mortgage? My parents want to fix their current home(flooring, cracked ceiling, and some water damage) but they only have social security for income. Can they qualify for a refi cashout? They owe around 30k on their mortgage. Their home is valued around 300k.
submitted by /u/VirtualInformation79
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