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Refinance an Investment Property 90 - 95% LTV

Hello - Any lenders in 19320 or surrounding areas that will refi an investment property with an LTV of 90 - 95%? I've already gone the HARP route back in 2010 when it was my primary and was not informed by my broker that I was only able to take advantage of this program once. Any help would or advice would be appreciated. by Brando_162_206 from Gibbstown, New Jersey. Mar 14th 2013 Reply


Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

Did you buy the property by June 1, 2009? If so, then you can look into the HARP programs. Just google Fannie Mae Lookup and Freddie Mac lookup and enter your information. Also, if it is an FHA you can streamline it. If it is Not a HARP loan or FHA loan then you will have to find a portfolio lender that might be able to do it to 90% but the the rate will be higher. Good luck.

Mar 14th 2013
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Charlie Sparks (CharlieSparks)
#9 ranked lender in New Mexico - 401 contributions

LTV's over 80% on investment property refinances are virtually non-existant these days. As the previous poster said, a portfolio lender (also hard to find) may consider it with stellar credit but you will pay for it. If it is a 5+ unit property I may have a commercial product. Contact me thru my profile page if so.

Mar 14th 2013
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Manuel Gonzalez (mmortgage1)
#91 ranked lender in New Jersey - 90 contributions

If your loan is not Fannie Mae, or Freddie Mac. Many times you can go directly to the current servicer, and they have extended programs to them alone under the making home affordable act. They have some solutions.Good luck BrandoManuel Gonzalez

Mar 14th 2013
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Peter Savino (855411LEND)
#100 ranked lender in New Jersey - 332 contributions

Brando- I should be able to go to 85% ltv. I am in NJ wwwHOMEMORTGAGEXPERT.com email me directly and we can speak

Mar 14th 2013
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Matthew De Weese (Pacific1Lending)
#824 ranked lender in California - 55 contributions

If your loan is Fannie or Freddie and you have not refinanced then yes. If not then you have to wait to 80 percent loan to value. Call me and I can run comps and see where you are at. 310-351-9441. Chris Beard. We do CA and WA loans.

Mar 14th 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,248 contributions

Other than HARP, which it appears you have already used in 2010, there are realistically no options in today's market for over 80% loan-to-value for investment property. If you hunt hi and low, you may find an 85%

Mar 15th 2013
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Mark Simon (mark.simon)
#10 ranked lender in Delaware - 83 contributions

What is the rate now ? We are based in New Jersey and I can give you an answer today with your request Mark 302-449-7373

Mar 15th 2013
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