With millions of home values underwater nationally, 100% mortgage refinance loans are in demand now more than ever. If you are eligible for VA financing, then a 100% VA home loan should be your focus. For non-military borrowers finding 100% refinancing can be a challenge as most bankers are weary of extending no equity refinance loans anytime soon.
- 100% LTV Refinance
- Refinance With No Equity
- Underwater Loan Options
- 100% Loans with the VA
- Refinancing with HARP
When shopping for a 100% refinance it is very important that work with a lender that has access to government mortgage relief, VA and FHA programs. Now that President Obama endorsed the HARP 2.0, refinancing above 100% LTV should be simplified. You will need to have an eligible lien that is owned by one of the Government Sponsored Entities, Fannie Mae or Freddie Mac.
With todays record low interest, it is critical that you keep your credit score as high as ever and make your payments on time each month.
100% Refinancing Advice!
New Pages to Visit:
401k Loan vs. Cash Refinancing
Current Mortgage Refinancing Rates
100% refinancing was much easier to find a few years ago. Today, 100 refinance loans are more difficult to find, so this underscores the importance of partnering with the right lender. If you have no equity and need refinancing, make sure that you are working with a lender that offers the following 100% refinance products:
Most homeowners understand that 100 percent mortgage refinancing is not a simple process and clearly the banks are taking a significant risk in the midst of an ailing housing crisis. If you have a loan that exceeds your property's value, then you will significantly benefit from our lending services. MRB is always working with leading lenders to roll out new programs with limited or no equity.