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Updated almost 5 years ago on . Most recent reply

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10
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1
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Ryan Burch
  • Phoenix, AZ
1
Votes |
10
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80% LTV Cash Out Refinance???

Ryan Burch
  • Phoenix, AZ
Posted

Is anyone currently offering 80% LTV cash out refinances? It seems like every lender has puckered up and is hiding under a rock for the rest of the foreseeable future...

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7
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5
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Michael Conklin
  • Rental Property Investor
  • Charlotte, NC
5
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7
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Michael Conklin
  • Rental Property Investor
  • Charlotte, NC
Replied

Talk to Mountain America Credit Union, before COVID they had an in house 90% and 85% LTV product, cash out refinance... I have used both. I talked my loan officer there a couple weeks ago and he said they are only doing 80% LTV now due to COVID... So call them up, it's an in-house portfolio loan, so make sure to talk to the loan officer and not just a receptionist or something.

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