Refinancing: What is LTV Ratio in Florida?

[Mantas Kudrinas]

Hello to ALL:

I decided to to refinance my condo in order to lower my payments, drop Mortgage Insurance and lower my APR (currently 4.75%). I bought the property as a foreclosure with 10% down and now it went up in value so my estimated LTV should be around 80/20. I called up couple lenders and came to find out that LTV in Florida for refinancing is 75/25, which means I'm not eligible or I have to cough up more cash to qualify.

Are there other refinancing options out there?

Are there lenders that will be able to refinance with 80/20 LTV?