Updated 12 months ago on . Most recent reply

CASH-OUT RE-FI at 80% LTV or better.
Hello all,
I am looking to cash-out Re-fi several newly renovated SFH rentals in the Hinesville ,GA area.
I understand that typically investment properties have a threshold of 75% LTV in a CASH-OUT scenario, but I figured it couldn't hurt to ask if any of you fine people know of anyone that could push it a little closer to 80%.
Thank you!
Looking for
Savannah, Georgia
Most Popular Reply

Yes there are products that can up to 80% LTV for DSCR with 6 months reserves. Typically rates are 0.5%-1% higher than the full conventional loan, however the beauty is that it requires less documents and quicker close. @Albert Bui @Carlos Valencia