Fannie Mae and Freddie Mac Guideline QuesitonWhat is the min loan to value ratio when doing a cash out refinance (converting a 1st and 2nd into 1 conventional loan) Assuming new loan amount will be 417,000Is it 75 percent or 80 percent min LTV? I have a lender than is claiming that it is 75% on a primary residence???? I thought Freddie and Fannie guidelines were 80% for a primary and 75% for a investment property.Please clarify so I can move forward thanksNovember 28 2012 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.