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95% LTV

My rental property has a loan to value of 90%, 30-yr conventional. My FICO is 745. I need to refinance to pull out emergency funds. Are there any lenders that will refinance out there at 90% LTV? by Redlady_hat33560 from Anderson, South Carolina. May 30th 2018 Reply


Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,754 contributions

Investment properties carry different rules. On a single family investment property, the maximum allowed for cash out is 75% of the current appraised value. You might be able to find something in the non-conforming loan market, but if you do, expect to pay significantly higher interest rates.

May 31st 2018
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,414 contributions

Unfortunately no. For cash out on investment, you are capped at 75% if it's a single family home.. lower if it's multi housing.. There are non-conforming loan options out there, but typically, they have more strict guidelines and lower loan to value options, so i'm pretty sure that wont work either.. If you have a primary residence, you can try refinancing that or maybe apply for a Home Equity Line of Credit. *(HELOC).. but don't bother trying this on your investment.. same holds true most lenders wont do a HELOC on an investment property.. and for the very, very few that do.. they want the combined loan to value to be below 80% or lower.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Jun 1st 2018
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Ralph Richard Guertin (ralph@absolutelowrates.com)
#134 ranked lender in Florida - 692 contributions

only WITH A NON-QM LENDER YOU CAN GET UP TO 90% OF THE RENTAL BASIS..AND IF IT IS AN EMERGENCY THEN GIVE ME A CALL rALPH@ABSOLUTELOWRATES.COM OR CALL RALPH GUERTIN AT 954-274-7725

Jun 6th 2018
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Dianne Joaquin (Dianne)
#89 ranked lender in Texas - 10 contributions

I have a Loan Expert in South CarolinaPlease call me to discuss 210-317-4454Thanks Dianne

Jun 12th 2018
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