Mortgage Brokers & Lenders
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hemlane-a9392011949df124ea8ee63be2fb270c9423d6cd446ec67af23c96616e618606.png)
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
![Rene Ochoa's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2316713/1694669619-avatar-reneo10.jpg?twic=v1/output=image/cover=128x128&v=2)
Cash out refinance
Hi,does all investment property refinance lenders offer 75% LTV?
thank you
![Nate Herndon's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2842769/1695413946-avatar-nateh146.jpg?twic=v1/output=image/crop=556x556@29x38/cover=128x128&v=2)
Hi Rene, the programs that I often utilize for clients are capping cash-out refinances at 75% LTV and rate/term refinances at 80% LTV. Some select states are eligible for 80% cash-out refinances.
The important thing is your seasoning of the property. If you have performed rehab, my favorite programs offer both no seasoning and 90-day seasoning requirements to use the appraised value as the basis for your loan. If you have not performed rehab, you typically will need to have held the property for 6 months before borrowing based on the appraised value - otherwise, in those first 6 months you will be limited to 80% of your purchase price.
-
Lender
- 417-605-2196
- http://www.reilenders.com
- [email protected]
![Devin Peterson's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2568515/1670430867-avatar-devinp79.jpg?twic=v1/output=image/crop=307x307@29x0/cover=128x128&v=2)
Quote from @Rene Ochoa:
Hi,does all investment property refinance lenders offer 75% LTV?
thank you
Hi Rene,
It is most common for DSCR lenders to max out cash out leverage at 75% these days with that being said, there are a select few who will go to 80 with very strict guidelines. However, more often than not the terms are not competitive or reasonable for the borrower. If you are seeking a reliable cash out lender , take a look at the find the lender tab on the top of the page. I recommend working with an experienced broker who can shop multiple investors for you. Good luck!
- 860-538-3672
- [email protected]
![BiggerPockets logo](https://bpimg.biggerpockets.com/no_overlay/uploads/forum_ads/logo/702/1656002841-forum-ad-logo.jpg?twic=v1/output=image/contain=96x96)
![Erik Estrada's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2394534/1671997728-avatar-erike61.jpg?twic=v1/output=image/crop=4094x4094@0x742/cover=128x128&v=2)
Quote from @Rene Ochoa:
Hi,does all investment property refinance lenders offer 75% LTV?
thank you
You could go up to 80% if your property can qualify for it
-
Lender California (#02161719)
- 818-269-7983
- https://www.luxeprivateinvestmentsllc.com/
- [email protected]
![Fuente Funding Inc. Logo](https://bpimg.biggerpockets.com/no_overlay/uploads/marketplace/business/profile_image/309/1710458600-company-avatar.jpg?twic=v1/output=image)
![Derek Brickley's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2186062/1700158450-avatar-derekb261.jpg?twic=v1/output=image/crop=610x610@12x0/cover=128x128&v=2)
Hey Rene,
Depends on your specific situation and the subject property, but it is possible. Hard to say whether ALL lenders would offer that, but if you are looking for something specifically feel free to reach out.
-
Lender New Mexico (#2450327), Ohio (#2450327), Arizona (#2450327), Maine (#2450327), Tennessee (#2450327), California (#2450327), Wisconsin (#2450327), Indiana (#2450327), and Michigan (#2450327)
- Gold Star Mortgage - Derek Brickley
- 734-645-7722
- https://www.goldstarfinancial.com/loansbyDB
- [email protected]
![Gold Star Mortgage - Derek Brickley Logo](https://bpimg.biggerpockets.com/no_overlay/uploads/company_profile/avatar/107054/1706819156-company-avatar.jpg?twic=v1/output=image/contain=256x256)
@Rene Ochoa Conventional loans will go to 75% max for cash out on investment properties. Conventional loans will get you the best combo of interest rate, fees, and no prepayment penalty. Full income/documentation
DSCR lenders will vary greatly, but 75% is pretty easy to do. But, the rates and fees will be higher then a conventional loan.
If you can go conventional, that is definitely the way to go! Let me know if you have any questions.
-
Lender CA (#60DBO94130), TX (#1825506), CO (#100507291), AZ (#MB-0951257), and FL (#MBR5265)
- 480-336-3737
- http://www.waincapital.com
- [email protected]
![Charlie Gonzalez's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2796099/1689772496-avatar-charlieg68.jpg?twic=v1/output=image/crop=491x491@43x26/cover=128x128&v=2)
Hi Rene,
We allow 75% LTV! Plus you can use the cash out to meet your reserve requirement. A major plus.