Posted on: 10th Nov, 2010 10:32 pm
The appraised value of my house has dropped $50k in 18 months so I want to re-finance
Hi Guest,
Welcome to mortgage fit,
There are currently plans available for 125% financing for appraised value but most of those plans will ask you to prove verifiable income source,% equity in home,.....
As a normal observation these loans are basically easily available online as compared to traditional banks.So according to me you should visit any trustworthy online mortgage assessors in your area and the process will smoothly follow.
As compared to traditional loans these loans could be having higher interest rates but they are lot cheaper than credit cards....
Feel free to ask any further query if you have...........
DIPA
Welcome to mortgage fit,
There are currently plans available for 125% financing for appraised value but most of those plans will ask you to prove verifiable income source,% equity in home,.....
As a normal observation these loans are basically easily available online as compared to traditional banks.So according to me you should visit any trustworthy online mortgage assessors in your area and the process will smoothly follow.
As compared to traditional loans these loans could be having higher interest rates but they are lot cheaper than credit cards....
Feel free to ask any further query if you have...........
DIPA