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Updated about 5 years ago on . Most recent reply

Eric Tate's profile image
Eric Tate's profile image
Eric Tate
  • Member since Apr 5, 2020

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9
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5
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Eric Tate's profile image
Eric Tate's profile image
Eric Tate
  • Member since Apr 5, 2020
Eric Tate
5
Votes |
9
Posts
Personal Finance

Refinance options during Covid

Eric Tate
Posted

Hi everyone,

I am curious if Covid has created any new restrictions for cash out refinance options or equity lines in California. I'm particularly interested in seasoning requirements and LTV limits. My understanding is that historically the seasoning requirement for an investment property was 6 months with an LTV of 75% for single family and 70% for multi. But I'm hearing that I must now wait 1 year before I can refinance on appraised ARV. Does anyone have insight on this question?

Thank you!

Eric

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