LTVIm trying to refi and pull some cash to do reno's. To be at 80% LTV my appraisal needed to come back @ $220k (which thought would be a no problem) It came back @ $197k. My LO is trying to switch gears and get me to do a HELOC but, I dont want a variable rate. By my calculations i need to be @ 89% to get back the cash i want. I know i would have to keep PMI but, cheaper than having HELOC. I have the income and credit to support a higher LTV. Any reason he wouldnt suggest this?March 25 2012 - Blacklick00YesReport 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.