Refinance Rental Property Advice

[Account Closed]

Hello,

I would like to refinance one of my rental house and was wondering what the banks typically look for? I assume it is different then refinancing your primary residence. It originally was my primary home but moved out and been renting it for about three years. I used a low down FHA type loan. I am about 80% loan to value. I don't want to lose any time off of my amortization table. Is there a term used to indicate you want to keep the same remaining number of payments? Thanks for reading!

[Nancy L.]

@Account Closed I've inquired about refinancing rentals and was told that I needed a 70% LTV. Hope someone else will give you a different answer that could help us both!

I believe a typical refi term is 15 yrs. I'm sure there are shorter terms, don't know if longer terms are available.