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Steven Gebhardt
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Rate term refinance

Steven Gebhardt
Posted Nov 24 2021, 17:36

Hey guys,


I am looking to refinance a 5/1 ARM commercial loan into a 30 year fixed conventional rate. A lot of online lenders are saying "the rules" state they can only lend 75% LTV on investment properties. I have a local bank that is saying I can do 80% LTV. Do you guys know if it's just a Fannie/Freddie rule that you can only get 75% LTV for conventional rate term refinance?

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