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Cash out home loan 125% value

I am looking for a company/bank that will loan 125% of the appraised value of the home. Do you know of a company who does this? by myfrog_641_141 from , . Mar 30th 2012 Reply


Ken Burrows (mortgagesforamerica)
#21 ranked lender in Nevada - 516 contributions

We go unlimited loan to value. Give me a call I can help you. 888-320-7888 - www.MortgageWholesale.net - Ken

Mar 30th 2012
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Scott McPherson (ScottMcPherson)
#488 ranked lender in California - 25 contributions

The LTV won't be an issue under the new HARP 2.0 assuming the following. 1) Fannie Mae or Freddie Mac owns your loan 2) Your loan was closed prior to May 2009 . However, under HARP 2.0 cash out is not accepted. Hope this helps. If you are in California and have any questions call me 619 609 7006

Mar 30th 2012
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 4,769 contributions

if you're looking to refinance and NOT PULL CASH OUT, then there are many lenders doing unlimited LTV... if you are looking to cash out at 125% LTV, then no.. a long time ago, far, far away, in the land of fairies and unicorns, there was a product where you could borrow 125% of your home's value.. but no more... contact a LOCAL mortgage broker, not a bank, and certainly not one of those 50 states, internet lenders... the local broker has access to numerous lenders, and if familiar with local customs, and can get you the lowest rate and fees for your particular scenario... WilliamAcres.com

Mar 30th 2012
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Bert Carpenter (BertCarpenter)
#41 ranked lender in Arizona - 1,731 contributions

Pulling cash out of a property that does not have equity, or borrowing equity that does not exist is no longer available thanks in part to Mortgage reforms. Based on the number of people that are giving up their homes because of negative equity, don't expect to see any changes that bring this practice back any time soon. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com

Mar 30th 2012
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#0 ranked lender in

If you're wanting cash out of the property at 125%, then you can forget it. Won't happen. If you're trying to refi what you already have, then you may be in luck.

Mar 30th 2012
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Linda Miller (Linda Miller)
#1 ranked lender in Utah - 432 contributions

You will not be able to do a Cash Our Refinance at 125% loan to home value. In fact, most guidelines limit you to 85% for cash out. However, if you just want to refinance your existing loan and do a "no cash out" refinance, there are program such as the HARP 2.0 refi program that are great - giving you the ability to refinance at today's loan rates. Contact a Lender 411 mortgage professional in your area. Every loan situation is different and they will give you the best information for your unique situation. Good luck...

Mar 31st 2012
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J.D. Peck (MortgageColoradoSprings)
#47 ranked lender in Colorado - 77 contributions

Your only option with that LTV is a change in the rate and term of your existing mortgage. The maximum LTV allowable for cash out is 100% and that is only on a VA mortgage.

Apr 1st 2012
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