Refinance Without Freddie Mac

[Stephen E.]

I'm trying to refinance my primary residence. But Freddie Mac doesn't want to count the income I make from my short term rentals and so the underwriters are refusing to refinance my home. Is there a way to refinance without using Fannie Mae/Freddie Mac? I have good income, with multiple long term rentals and two short term rentals. But without the short term rentals my debt to income ratio isn't attractive.

In addition I make extra money managing other people's short term rentals sometimes. Basically, I easily qualify for refinancing, especially just taking the income from my tax returns, and I've built up tons of equity in my house.

Curious if anyone has any ideas. I want to cash-out refinance and I want to lower my interest rate.

I have no trouble getting loans on my investment properties, but those terms aren't as favorable obviously.

[Andrew Postell]

@Stephen R. then you would need to qualify for a Fannie/Freddie type of loan.  Now, I would encourage you to get a 2nd opinion though from another lender to make sure.  Lean on other locals to give you a suggestion or two.  Maybe even post in the Bigger Pockets state forum that you are investing in.  Usually some good locals monitor those forums.