Zillow Advice: Refinance - Are there lenders in Maine who finance 15 yers at 85% LTV http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Zillow Advice | Zillow Real Estate Heidi,I have plenty of options ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Heidi,<br/><br/>I have plenty of options available. &nbsp;Let's connect!<br/>Seth Mon, 13 Jan 2014 13:48:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2014-01-13T13:48:00Z Dear smccollett,Yes there ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Dear smccollett,<br/><br/>Yes there are lenders who can perform this request for you. &nbsp;Now that you know that your property value came in low, you need to know the secret to securing the loan that you want.<br/><br/>The home appraisal is anchored to the existing lender. &nbsp;If you choose to work with another lender who can offer you the terms that you want and to avoid the cost of spending MORE money on another appraisal, you can ask the current lender to release the home appraisal to the NEW lender. &nbsp;Here is the tricky part that even if you have the appraisal released to the new lender, you will have to be sure that the NEW lender will accept the appraisal and/or works with the AMC (appraisal management company) who generated the appraisal. &nbsp;<br/><br/>Now that we got that little known secret out of the way I can finish answering your question. &nbsp;:) &nbsp;Once you exceed an 80% Loan to Value (LTV), your loan requires mortgage insurance. &nbsp;Now, some lenders say that their portfolio product does not require mortgage insurance BUT the rate is typically higher because internally they have placed the loan under pool insurance. &nbsp;The other option to avoid a monthly mortgage insurance premium is to pay a one time upfront mortgage insurance premium. &nbsp;This cost can typically be included into the closing costs of the loan.<br/><br/>If you need further help solving this problem, [contact information deleted by Zillow moderator. Please see our Good Neighbor Policy for posting guidelines]<br/>Peter Campellone<br/><br/><br/><br/><br/><br/><br/>&nbsp; Sat, 07 Dec 2013 19:35:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-12-07T19:35:00Z Can do&nbsp;mortgages up ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Can do&nbsp;mortgages up to&nbsp;85% cash out, would be happy to help. <br/><br/>Regards,<br/>Brynn Fri, 06 Dec 2013 17:13:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-12-06T17:13:00Z Were you able to find someone? ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Were you able to find someone? If Not I can help you!! Wed, 04 Dec 2013 17:12:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-12-04T17:12:00Z Make Contact with [spam and ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Make Contact with <strong><em><u>[spam and promotional contact information removed by Zillow moderator due to violation of <a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Good Neighbor Policy</a>]</u></em></strong>. Sun, 01 Dec 2013 22:20:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-12-01T22:20:00Z Yes there are.&nbsp; I have ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Yes there are.&nbsp; I have helped customers with our portfolio products&nbsp;refinancing up to 85% without paying MI.&nbsp; This may be possible all in one (with an approved exception) or with a tandem home equity product.&nbsp; Please feel free to contact me via my profile if you would like to discuss Tue, 19 Nov 2013 15:47:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-11-19T15:47:00Z Absolutely. Cash out refinances ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Absolutely. Cash out refinances can generally go up to 85% LTV.<br/>Feel free to contact me via my profile to discuss. Wed, 06 Nov 2013 16:05:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-11-06T16:05:00Z Hi, you can go over 80% LTV ... http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ Hi, you can go over 80% LTV but you may have MI added. You can contact me if you would like to see what we can do. Mon, 04 Nov 2013 18:26:00 GMT http://www.zillow.com/advice-thread/Are-there-lenders-in-Maine-who-finance-15-yers-at-85-LTV/517789/ 2013-11-04T18:26:00Z