Posted on: 17th Nov, 2010 05:23 pm
Hello, I got an offer from First Ohio Bank to refi just my first loan into an FHA loan and they will be able to go to 115 percent combined loan to value. No one else seems to be offering this but them. Is this possible or are they leading me on? I thought FHA lowered the CLTV to 97%. Any help would be great. Thanks.
hi schmidtj!
welcome to forums!
normally the lenders do not offer fha loan 115 percent combined loan to value. if you want to refinance your mortgage, you should speak to other lenders and check out what type of rates and terms they will be offering you. then you should decide as to which lender you should go for.
feel free to ask if you've further queries.
sussane
welcome to forums!
normally the lenders do not offer fha loan 115 percent combined loan to value. if you want to refinance your mortgage, you should speak to other lenders and check out what type of rates and terms they will be offering you. then you should decide as to which lender you should go for.
feel free to ask if you've further queries.
sussane