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How much do you want as your new loan amount in terms of Loan to Value? The new amount should include all cash out, all liens paid, all delinquent taxes paid, etc.
*Note: Instead of choosing a dollar amount please choose a loan to value percentage equal to that amount.
For example: House value= $100k. You want to pay off a 1st lien of $40k and get $30k cash out. Thus $40k+$30k=$70k. $70k as a Loan to Value of the $100k property value is 70%. Choose below 66-70%.
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