Articles on: Investing

What's the maximum loan to value ratio (LTV) for an investment property?

For our conventional loans, we can do a 15% down payment (85% LTV) on purchases of investment properties as well as rate/term refinances of 1-unit properties. Max LTV for a purchase and rate/term refinance on a 2-4 unit property is 75%. For cash out refinances, max LTV is 75% for a 1-unit and 70% for a 2-4 unit property.

For our non-QM/DSCR loans, max LTV is 80% for purchase and varies for refinances - a Loan Guide will be able to help you based on your circumstances.

Updated on: 31/05/2023