Cash-out Refinance - Policy Changed During COVID-19?

[Weng L.]

Today I am looking to do 30-year conventional cash-out refinance on my 6th property after rehab. My broker told me that they updated policy lately on rental property

-- 70% LTV (was 75%)

-- Can't do any loan if owner owns more than 5 properties. (was ok with up to 10 loans on 10 properties)

So basically I am rejected. Is this a broker specific rule or it is the same across all lenders during COVID-19? I don't see any change in Fannie Mae guild line regarding max of 10 properties that have mortgages.

I am in Florida BTW. Anyone happens to know lenders or brokers that can do 30-year conventional 75% LTV cash-out refinance with around 4% rate?