cash out mortgage for pied a terre coop

Was in a bit of a bidding war so offered all-cash for my new coop apartment like so: Purchase price: 650k 500k cash 100k HELOC on my primary residence adjustable rate currently about 6%. 20 year term. 50k 401k loan, with which I pay myself interest at 6.5%, but only a five year term so high payments. After closing, I would like to refinance the two loans into a first mortgage at 30 or 15 years in... [more]

Was in a bit of a bidding war so offered all-cash for my new coop apartment like so: Purchase price: 650k 500k cash 100k HELOC on my primary residence adjustable rate currently about 6%. 20 year term. 50k 401k loan, with which I pay myself interest at 6.5%, but only a five year term so high payments. After closing, I would like to refinance the two loans into a first mortgage at 30 or 15 years in order to keep payments a bit lower. I've made some calls, and been told more than once that they don't do cash-out first mortgages on second homes. They suggest refinancing the first mortgage on my primary residence. I don't want to do that because for various reasons this apartment will be in my name only, and primary residence is owned by my spouse and me, and I don't want to burden spouse with the liability towards a home she doesn't own. Any suggestions as to where to go to get such a loan? I have A++ credit, and total housing payments for BOTH properties will be under 30% of income. Thanks in advance. [less]