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Private Lending & Conventional Mortgage Advice

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Grant Berthold
  • Rental Property Investor
  • Ames, IA
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37
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Cash Out Refinance on Personal Residence - Highest LTV allowed??

Grant Berthold
  • Rental Property Investor
  • Ames, IA
Posted Nov 11 2015, 13:32

I'm considering doing a cash out refi on my personal residence, and I'm wondering what the highest loan to value banks allow. Also, would a new appraisal be done? My market has seen decent appreciation recently, and I've done quite a few upgrades on the home. Has anyone had any experience with this recently?

Thanks!

Grant

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