BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago, 10/01/2022
Cash Out Refinance LTV
What is the highest cash out refinance LTV % you are seeing lenders offer right now? The norm seemed to be 75% the past few years, curious to see what people are seeing nowadays.
#2 Private Lending & Conventional Mortgage Advice Contributor
- Lender
- 1,123
- Votes |
- 3,587
- Posts
#2 Private Lending & Conventional Mortgage Advice Contributor
- Lender
75% seems about right.
- Erik Estrada
- [email protected]
- 818-269-7983
Hi Erik, hope you're doing well in Tampa, it wasn't a great week down there.
I refinanced a BRRRR property in Nebraska back in June, and 75% LTV was the highest I could find.
75-80. I'm hurt you didn't just ask me, lol. I can do 80% LTV DSCR.
@Khaled Morad haha wanted to see what people are seeing around the country.
Quote from @Khaled Morad:
75-80. I'm hurt you didn't just ask me, lol. I can do 80% LTV DSCR.
Khaled, what are the best rates you are quoting with 80% Ltv?
Not sure. Depends on various factors. You can contact me with you specific situation and I’ll check.
@Joseph Stern@Joel Lazar I'm seeing 7.5% based on 80% LTV for a cash out refi on investment property. This of course depends on your particular profile.
- Raymond J. Rodrigues
- [email protected]
- 619-456-8311
@Raymond J. Rodrigues Thank you for the input Raymond! Hope you’re doing well in south Florida.
@Khaled Morad Do you offer 80% LTV cash out refi's by holding on to the mortgage, and not selling the loan off. I know Fannie Mae and Freddie Mac have 75% limits on the cash out options for SFR's (70% for 2-4 multi-family). I ask so I can talk to my banks more intelligently next time I do a BRRRR. Thanks.
I am a direct lender. For non-conforming loans like that I’d broker it out. My company has access to a lot of options.