embrace - Mortgagefit

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embrace

Niicss

Posted on: 08th Jun, 2010 02:06 am

were about to refiance with embrace they said they can go 97 percent where all the banks so far i talk to said 85 percent. Has anyone had any problems with this company ?

Total Reply : 2

i do not have a personal experience as i haven't dealt with embrace. as far as i know, in order to qualify for a refinance, one needs to have at least 20% equity in the property. unless you've 20% equity, lenders may not be ready to refinance your home loan.

Niicss

Posted on: 08th Jun, 2010 02:45 am

Any FHA approved lender can do a rate and term refinance with an FHA insured loan to 97.75% loan to value. At rates today it makes alot of sense

Anonymous

Posted on: 23rd Jun, 2010 01:13 pm

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