I now have a Fannie Mae lender for PA, VA, FL and CA that will do unlimited loan to values for primary or second homes unless it is a condo where the maximum loan to valueis 125% (unless a fieldwork waiver is offered on final submission- whatever that means).
The Colonial Revival headquarters of Fannie Mae, designed by architect Leon Chatelain, Jr. in 1956, located at 3900 Wisconsin Avenue, N.W., in the Cathedral Heights neighborhood of Washington, D.C. (Photo credit: Wikipedia)
As for you investors, I still do not see anything over 105%
As for Combined loan to values (where you have an existing second mortgage, owner occupied and second home is unlimited, investors to 110% CLTV.
Other important details include:
-Ratios under 50%
-Minimum credit score of 620 on primary, 680 on 2nd homes
-1-4 units owner occupied, 1 unit for a second home and 1-4s for investments
So much more that I won’t bore you with but the bottom line is, pay attention to the details!
Fred Glick's Reality 