Nationwide, conventional financing allows for 97% LTV. This is a Fannie Mae guideline, but Fannie Mae is not a bank, they are a clearing house for banks to sell off their mortgages... the lenders, or those with the $$$, will have their own set of guidelines above and beyond conforming.. it's these overlays that might prohibit the higher LTV's... .. 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
Right now the maximum LTV is 97%, but on November 16, 2013 that will be reduced to 95%
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