KANSAS CITY - 4-Plex - Cash Out Refi Lenders

[George White]

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!

[Steven May]

@George White

Hey george, congrats on the 4plex rehab! Here's a list of credit unions I was told do 75% LTV - I am waiting a few months before I do mine so I'm not 100% sure these CU's are still doing that product but I hope this list of local CU's may assist you and I appreciate any feedback!

Community America

Mazuma CU

Edison CU

KC credit union

Heartland community CU

Azures CU

I’ll look through more of my resources I have saved in the past and assist you onward with any information I find out. Best of luck!