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Updated over 4 years ago,
KANSAS CITY - 4-Plex - Cash Out Refi Lenders
Hi BP Community - I am in the KC market and I have a 4-plex which has been renovated and fully rented. I have owned the property for over 6 months. I am ideally looking for a lender that would cash-out refinance out at 75% LTV. I am finding many lenders with 70% refi. That additional 5% would mean a lot. My credit is excellent and w-2 income is strong. Hoping to refinance with a 30 year note. Does anyone know of local/regional banks/CU's that would refinance at 75% LTV? I have read that there certainly are lenders that do it. I am just having trouble finding them. Really appreciate any guidance on this!