Forgotten Your Password?

Need to Register?

Question Icon

125% CLTV, are they around?

I have a 30 yr fixed mortgage at 5.625%.I would like to do some home improvements and pay of some debt. I have heard about the 125% equity loans. Are these available to current home owners or only new buyers? by markhov from San Dimas, California. May 14th 2010 Reply


Nick Fratini (nfratini)
#5 ranked lender in Pennsylvania - 15 contributions

no

May 17th 2010
0
0
Joann Grand (jgrand)
#9 ranked lender in Hawaii - 2 contributions

The DU Refi Plus/ HARP (Home Affordable Refinance Program) did allow up to 125% CLTV however it was ONLY for a Rate & Term refinance (no cash out). It was designed to allow people to keep their homes and refinance in a more affordable payment even if their values have declined.

Jun 1st 2010
0
0
Subscribe to our news feed.