I am interested in refinancing my home loan in PA. It is an 80/20 loan for an original loan amount of 875K. I have 10% equity in the home, so would be looking for a 90% LTV ratio refinance.I am a physician, which I understand there may be some special loan programs for. Are there any refinance options for someone like me? by strick from Merion Station, Pennsylvania. Sep 16th 2012
That's a tuff one... there are 90% LTV purchase and refinance products , but there are so few doing them in the jumbo market, you really have to look hard... Same is true for the "Special" programs for physicians... it's for purchase transactions only... but hey... you make the big bucks... peel off another 88K, buy down your mortgage, and there's all kinds of options open for you... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
FIRST , who is your current bank/ lender?? also, i need to do a free property analysis for you... you can email your address to yourloanpartnerforlife@live.com linda , and yes, i can do your state... or phone at 602-330-1598
I doubt you will be able to find a lender that will do a Jumbo refinance at 90% LTV. Good luck!
As stated very few will have the ability you may call Suntrust Mortgage they may still have their Physicians loan if it works out send me a note ballen@accessnational.com.
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