Current mortgage are not owned by Fannie or Freddie by bryang_961_468 from Fort Worth, Texas. Apr 1st 2012
Hi Bryan, Yes we refinance investment properties at 80% LTV. However if it is a Cash out lenders only go up to 75% LTV in most Cases. Sincerely,Henry J Daniels - Sr. Mortgage Banker & CMPSI Certified Mortgage Coach "Educating you to make the right financial choices for your family today and tomorrow" Direct/Text: (936) 228-1944
That's not a difficult loan to find.. contact a local mortgage broker, not a bank and apply with them.. they have access to numerous lenders and can find the right one for your particular scenario... WilliamAcres.com
Yes, Most lenders will finance a no cash out investment property at 80%. Contact a local Mortgage Banker/Broker, rather than one of the big banks. Unlike a bank employee, who is most likely just an order taker, a Mortgage Broker/Banker is Trained, Tested and Licensed in all aspects of Mortgage Origination. He/She will have access to loan products of many lenders, not just those of one bank, and can properly guide you. But more importantly, He/She is trained to take a look at the various different options available to you and guide you into the one that makes the best sense for your situation. Don't forget to check out your selected Mortgage Originator at the National Mortgage Licensing System at www.NMLSConsumerAccess.org ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com
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