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125% OVER VALUE LOANS

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Icon Mini Profile JFREDE3382



Joined: 26 Feb 2008

Posts: 2



1.56 Dollars($)

PostPosted: Tue Feb 26, 2008 4:32 pm    Post subject: 125% OVER VALUE LOANS

ARE THE 125% OVER EQUITY LOANS COME BACK YET?
 
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Icon Mini Profile larry



Joined: 27 Jun 2007

Posts: 3328



473.40 Dollars($)

PostPosted: Tue Feb 26, 2008 4:50 pm    Post subject:

Hi JFREDE,

Welcome to the forum.

I think you can get this type of loan but not sure why do you want to go for "125% OVER EQUITY LOANS". The interest rates and other fees are higher than the traditional loan.

Feel free to ask if you have any further questions.

Best of luck,
Larry
 
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Icon Mini Profile banker0679

Community Experts
Community Experts

Joined: 15 Nov 2007

Posts: 297
Location: Charlotte, North Carolina


19.70 Dollars($)

PostPosted: Tue Feb 26, 2008 10:58 pm    Post subject:

Irwin Home Equity offered these loans before..not sure if they still do or if they're still open.
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Icon Mini Profile evolovik26
evolovik26
Community Experts
Community Experts

Joined: 15 Aug 2007

Posts: 482
Location: Minneapolis


19.70 Dollars($)

PostPosted: Wed Feb 27, 2008 6:27 am    Post subject:

i doubt they will ever come back
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Eugene Volovik
Branch Manager
Team USA Mortgage

612-481-3127
Conventional, FHA and Commercial Lending
 
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Icon Mini Profile gmakerley
gmakerley
Community Mentor
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Joined: 09 Nov 2007

Posts: 1209
Location: bloomfield, ct


20.64 Dollars($)

PostPosted: Wed Feb 27, 2008 11:04 am    Post subject:

i hope they never come back
_________________
George M. Akerley
Senior Loan Officer
Freedom Mortgage Corporation
37 Jerome Avenue
Bloomfield, CT 06002
860-286-0444
 
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