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100%heloc

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edh

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Post Posted: Sun Jul 19, 2009 7:54 am    Post subject: 100%heloc
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Does anyone know where I can get a heloc for up to 100% ltv to do home repairs. I am already at 90% and need that loan to be able to do work on my house.
thanks,

DH

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Icon Mini Profile jk9999





Joined: 15 Jul 2009

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Post Posted: Sun Jul 19, 2009 8:37 am    Post subject:
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I do not think the lenders will risk that much to give you the HELOC based on 100% LTV(loan to value ratios). I hope some other experts can give correct answers here. Good luck anyway!!
Icon Mini Profile robertsmith2005





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Post Posted: Sun Jul 19, 2009 10:37 am    Post subject:
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better you discuss it with your existing lender. note that interest rate will be adjustable-rate (prime rate + margin).
Icon Mini Profile dollylee9





Joined: 19 Jul 2009

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Post Posted: Sun Jul 19, 2009 11:01 am    Post subject:
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BYE THE WAY YOU ARE FROM WHICH LOCATION?
PLEASE CONNECT WITH 2-3 LENDERS SO THAT TO RESOLVE YOUR PROBLEM.
YOU CAN NEGOTIATE WITH LOCAL LENDERS.
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