Profile picture for Tony160

I have a mortgage 230K value of 160k how do I refinance

  • July 13 2011 - US
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Answers (4)

Math is an optional skill for lenders.
  • July 13 2011
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Profile picture for SoCal Engr
Before any other rocket-scientist lenders respond, the OP is at 144% LTV (unless his estimated value is too low). OP's house would have to appraise at about $184K to come in at 125%.
  • July 13 2011
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Profile picture for Ray Stevens
If your current mortgage is "owned" by Fannie or Freddie and you currently are not paying mortgage insurance you may qualify for financing up to 125%.
  • July 13 2011
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Profile picture for Crestico Funding
Tony,

Your Loan to Value is at 125%, there is a program avaible however you and your property must qualify. if you need help please feel free to call us for more information.
  • July 13 2011
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