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Are there any options out there to refinance an investment property with a high debt to value ratio?

  • July 22 2010 - Arlington
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Answers (4)

There may be a possibility to refinance up to 105% ov vlaue if the loan is held by Fredie. There are significant conditions eg., will only refinance 1st trust; if there is mortgage insurance on current loan (some exceptions here). The best thing for you to do is have a conversation with a knowledgeable lender
  • November 02 2010
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Talk to a mortgage broker and see if they can shop around to find you sometihng good. A high credit score will be helpful, in addition any other supporting assets you can show. Otherwise, hang on if you can until this lending environment shapes up!
  • November 02 2010
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hi LilT1...you should also add the LTV and credit scores for meaningful repsonses....Jim, HSOA.
  • July 23 2010
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You need to talk to a couple of local banks & mortgage companies to see what your options are, if any.
  • July 22 2010
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