Zillow Advice: Refinance - Fannie Mae and Freddie Mac Guideline Quesiton http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ Zillow Advice | Zillow Real Estate 80%.&nbsp; Anything less ... http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ 80%.&nbsp; Anything less is due to a lender with an overlay (as stated prior). An overlay is a risk factor. <br/><br/>If the lender is saying max is 75%, perhaps you should check around. I know at least one lender that is 80% without issues. Thu, 29 Nov 2012 18:23:00 GMT http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ 2012-11-29T18:23:00Z Sounds like the lender you ... http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ Sounds like the lender you spoke to has an "overlay" which means they offer less than what Fannie or Freddie allow. Find another lender. Thu, 29 Nov 2012 12:42:00 GMT http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ 2012-11-29T12:42:00Z 85% Primary75% Second75% ... http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ 85% Primary<br/>75% Second<br/>75% Investment<br/><br/>Also depending on credit score.&nbsp; Shop it around, get a few quotes before making a decision. Thu, 29 Nov 2012 01:47:00 GMT http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ 2012-11-29T01:47:00Z The max LTV per Fannie Mae ... http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ The max LTV per Fannie Mae is 85% on a primary residence if you could find PMI.&nbsp; Expect 80% as a maximum assuming a one unit property.&nbsp; If 2 units or more or you are using an ARM and not a fixed rate product&nbsp;the limit is 75% for cash out. Good Luck Thu, 29 Nov 2012 00:46:00 GMT http://www.zillow.com/advice-thread/Fannie-Mae-and-Freddie-Mac-Guideline-Quesiton/469785/ 2012-11-29T00:46:00Z