Forgotten Your Password?

Need to Register?

Question Icon

160% LTV on an investment property

Can anyone refer me to a lender who can refi a 160% LTV rental in Vegas? balance is 245,000. we have excellent credit and this is a fannie mae loan. by evlynF_646_836 from Torrance, California. Sep 28th 2012 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

The fact that's it's an investment property and the LTV is high, it's going to be tuff to get past the automated underwriting system.. if you have substantial liquid assets, then it's possible you can get approved, but the automated systems don't like investment properties, and most are getting turned down.... 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

Sep 28th 2012
1
0
Eddie Garcia (eddie_752_499)
#588 ranked lender in California - 5 contributions

Only if your loan was originated before June 1st 2009, and really its the Date Fannie Mae Purchased it. Must be prior to JUne 1st 2009

Sep 28th 2012
1
0
Barb Lanis (BarbLanis)
#69 ranked lender in Illinois - 679 contributions

If your last loan was closed prior to 5/31/2009 then you can do a HARP Refinance without regard to the LTV. HARP allows for unlimited LTV. I can refer you to a trusted lender in your state.

Sep 28th 2012
1
0
Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

We have investors that will do Fannie HARP with high LTVs and we are licensed for NV properties. Reach out to me and I'll get you pointed in the right direction. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

Sep 28th 2012
1
0
Jeff Cost (midwestlender)
#39 ranked lender in Ohio - 164 contributions

I can handle that for you. ENG Lending, A Division of Bank of England, always puts your best interest first. We would appreciate the opportunity to serve you. Please visit us at www.cincinnatimortgagerate.net. You will soon find that we are so much more than a Mortgage Banker; we are a company that is dedicated to empowering our clients and referral partners. Don't forget to visit our Facebook Fanpage at http://www.facebook.com/pages/ENG-Lending-Cincinnati/171183536269710?sk=wall Or Call Anytime 513-403-6260

Sep 28th 2012
0
0
Ken Burrows (mortgagesforamerica)
#19 ranked lender in Nevada - 572 contributions

We specialize in HARP refinance loans and it sounds like this loan would qualify. We can help you in NV if that is where the property is. Get into touch with me if you have any questions. www.MortgageWholesale.net - 888-320-7888 - Ken Burrows

Sep 28th 2012
0
0
Derick Condron (rightstartoregon)
#30 ranked lender in Oregon - 598 contributions

We have a wonderful branch in Las Vegas that can take a look at this file. We are doing HARP 2.0 even with expanded approvals which is probably what you be looking at with the property type you have. Check out www.castlecookemortgage.com

Sep 28th 2012
0
0
Subscribe to our news feed.