Cash-out Refinance - Policy Changed During COVID-19?

[Weng L.]

Today I am looking to do 30-year conventional cash-out refinance on my 6th property after rehab. My broker told me that they updated policy lately on rental property

-- 70% LTV (was 75%)

-- Can't do any loan if owner owns more than 5 properties. (was ok with up to 10 loans on 10 properties)

So basically I am rejected. Is this a broker specific rule or it is the same across all lenders during COVID-19? I don't see any change in Fannie Mae guild line regarding max of 10 properties that have mortgages.

Property is located in Fort Lauderdale BTW. Anyone happens to know lenders or brokers that can do 30-year conventional 75% LTV cash-out refinance with around 4% rate on rental property?