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Updated almost 10 years ago on . Most recent reply

User Stats

14
Posts
2
Votes
Christopher Rogers
  • Real Estate Broker
  • Covina, CA
2
Votes |
14
Posts

Looking to Refinance an Investment Property with a High L/V

Christopher Rogers
  • Real Estate Broker
  • Covina, CA
Posted

Hello,

I am on the fence on whether I should refinance or sell my investment home. I think I would be more likely to refi if I can get a cash out refi with a L/V of at least 85%, and more along the lines of 90%. Does anyone here know where I can get this type off refi? Or if it even exists? I keep hearing 75% is the max L/V. I currently have a 15 year mortgage, 13 years left on the loan, at 3.375% APR, with a good amount of equity in the property.

Thanks,

Chris 

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