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Updated over 4 years ago on . Most recent reply

User Stats

286
Posts
253
Votes
Ryan Mainwaring
  • Rental Property Investor
  • Blacklick, OH
253
Votes |
286
Posts

Traditional Lenders for Duplex

Ryan Mainwaring
  • Rental Property Investor
  • Blacklick, OH
Posted

Has anyone worked with a traditional lender(Fannie Mae loan) in Columbus Ohio post covid19 that will lend 75% of ARV for cashout refinance on a duplex?

Most Popular Reply

User Stats

2,367
Posts
746
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Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
746
Votes |
2,367
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

@Ryan Mainwaring 70%LTV is max under Fannie Mae guidelines for 2-4 units. You can cash out 75%LTV for SFR after 6 month of purchase.

  • Harjeet Bhatti
  • Loading replies...