Refinance options during Covid

[Eric Tate]

Hi everyone,

I am curious if Covid has created any new restrictions for cash out refinance options or equity lines in California. I'm particularly interested in seasoning requirements and LTV limits. My understanding is that historically the seasoning requirement for an investment property was 6 months with an LTV of 75% for single family and 70% for multi. But I'm hearing that I must now wait 1 year before I can refinance on appraised ARV. Does anyone have insight on this question?

Thank you!

Eric