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Updated about 5 years ago on . Most recent reply
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Cash out refinance 75%-80% LTV
Hi everyone,
I'm in the process of doing a cash out refinance for my duplex in SC. I would appreciate anyone who might have some referrals on banks or lenders that can do cash out refinance for 75-80% LTV.
Thank you !
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
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@Angelica M Garzon in order to receive a cash out loan on a duplex you would need a portfolio/commercial style loan. This loan type would carry a higher interest rate than a standard Fannie/Freddie loan. Try posting in the South Carolina forum to see if any locals know a good lender to use. Good luck!