Any one have a loan product for an investment property that would cover an 80% LTV in New York State? I am looking for options to refinance an existing mortgage. by trlsrocny from Ontario, New York. Mar 23rd 2011
We have Conventional products that go as high as 80% LTV,Also if you are refinancing a Freddie or Fannie loan we have a rate and term option for investment properties up to 105% LTV that you mght qualify for.BNC National Bank is a nation wide lender with competative rates and fees.If you would like more information please dont hesitate to contact me. Patrick Bodine SR.Mortgage Consultant 650 Douglas Drive North Golden Valley, MN 55422 Cell:651.248.0467 Office:612.305.2284 Fax:612.766.9884 Email:pbodine@bncnationalbank.com Website:www.bncnationalbank.com/minneapolis/pbodine
You can 80% ltv. but there will be a hit to the pricing of almost 200 to 300 basis points. If you can somehow get it to 75%ltv, your pricing will improve tremendously.
Ask our community a question.