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Updated about 6 years ago on . Most recent reply

Lender to refinance out of Hard Money Loan 80% LTV
My business partners and I are about to acquire a property in Newark, NJ and are currently shopping rates with lenders in order to refinance out of a hard money loan. Does anyone know of any lenders that can refinance as soon as the project is complete for 80% LTV?
Most Popular Reply

you can refi at 80% ltv however Credit has to be strong and rates will be higher than If you went with a 75% ltv option