Can I refinance my investment properties?

Freddie Mac limits you to 4 properties, Fannie Mae is unlimited.. if any of those loans are owned by either Fannie or Freddie, and they were initiated prior to May 2009, then you might be able to refinance some of them.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

You do have a unique situaton. I believe I can assist you with your refinance. If the subject property was acquired by Fannie Mae prior to 6/1/2009, I believe HARP is an option and the fact that you have 10 financed properties should not be an issue....If I can be of assistance, pease feel free to contact me....you can see my testimonials at www.gobestloan.comThanks

Yes they can be done but the issue you will come up against is the having more than 4 financed properties. Most investors limit the risk to only 4 financed properties so look for a lender that allows more and then the next level is generally 10 properties. Sounds like you need an investor that that allows more than 10 which thins the pool so that is where you want to start your search.

i might be able to help you what size are your commercial loans on them? what type of business/ investments? i do commercial loans please visit my website at www.yourloanpartnerforlife.com linda i lived in portland for about 10 yrs in the 90's i loved the trees!!

I have an investor who will accept unlimited financed properties utilizing the HARP program on investment properties. Just look me up and we can sort through that....Best Regards,Lorneplease visit www.gobestloan.com

Any properties withe mortgages purchased by Fannie or Freddie prior to 6/1/09 are potentiall eligible for refianncing many lenders will be limited if the LTV is over 125% but up to that amount should not be an issue as long as they can get a computerized approval of the refinance loan. Many lenders are able to refinance your residence (or purchase of a new one) regardless of the number of properties you have financed. Good luck - this is the time to do it if you are able to.

There are no limits on occupancy and/or number of financed properties if your home financing is eligible for HARP financing. Umpqua Bank Home Lending is a full service lender with a variety of products/services. We are local, so please contact me with any additiona questions, Jim Hungerford at 971-226-8403 or jimhungerford@umpquabank.com.