Owner occupied vs. non-owner occupied cash out refinancing

[Anderson Entwistle]

When getting a mortgage, there are several more highly leveraged (low down payment / equity) loan products for owner occupied property. Do cash-out refinances have similar benefits (more leverage) when owner occupied?

i.e., using the BRRRR strategy and doing a cash-out refinance out of hard money, is the allowed LTV on a cash-out refi higher when owner occupied?

If Fannie/Freddie offer about 70-75% LTV on cash-out refinancing (about 5-10% less leverage compared to a typical mortgage with 80% LTC / 20% down payment), I could only hope that the allowed leverage for owner occupied is similar (maybe about 85-91.5% LTV, 5-10% less leverage compared to an owner occupied mortgage with 95-96.5% LTC / 3.5-5% down payment). Maybe I am missing something here.

I'm wondering whether this is a reasonable metric to evaluate lenders on, because as explained above it seems so to me. One way or another I will probably figure it out when 20 of them all say no or a couple say yes 😬