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For a single-family, primary residence in Greene County, New York, what is the maximum loan-to-value ratio permissible for a conforming, CASH-OUT refinance? Property value is approximately $2700000, existing first mortgagg

by westie_760_995 from Leeds, New York. Sep 8th 2011 Reply

Leonard Volodarsky (
#55 ranked lender in New York - 14 contributions

Hello,Max LTV for cash-out is 85% and your middle score must be reasonably good. Depending on what your current pay off balance and assuming value is 270K, new loan will be about $ 229,500.Current rates are increadable.Hope this helpsBTW, is your current mortgage FHA or conventional?

Sep 9th 2011
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