Refinancing rentals and second homes, answered plainly
Guidelines we cite
Plain answer
Keyholder Refi relies on the Fannie Mae Selling Guide, IRS rental property publications and CFPB consumer guidance.
Last reviewed against the primary sources listed below.
Review
Sources are re-read when a page is reviewed.
Guidelines and tax rules
- Fannie Mae Selling Guide B2-1.1-01: Occupancy types
- Fannie Mae Selling Guide B3-3.1-08: Rental income
- Fannie Mae Selling Guide B2-1.3-03: Cash-out refinance transactions
- IRS Publication 527: Residential Rental Property
- IRS: About Schedule E (Form 1040)
- CFPB: Home equity loans, cash-out refinances and other options similar to a HELOC
- CFPB: Loan Estimate explainer