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Updated over 4 years ago on . Most recent reply
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Cash out refi 85% LTV for Rental/Investment Property in Boston
Does anyone (currently) know of banks/credit unions that will go 85% LTV refinance on a 2 family investment property in Boston proper? Looking to combine a HELOC and conventional 30 yr into one loan. Called around and came close, but not to 85% which is where I need to be.
Thanks in advance.
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Matthew Irish-Jones
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@Frank Kosiba loans are hard to come by at this point. Lots of people that were previously qualified are getting rejected. I have not seen anyone willing to do 85% LTV. 75-80% is the best I have seen locally, as well as talking with investors from other markets.
- Matthew Irish-Jones
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