125% Loan to Value and Mortgage Refinance

Home Loans

125% Loan to Value and Mortgage Refinance
(presented by www.refinance-refinance.net - mortgage lenders)

By Jack Tanner

Did you know that 125% loan to value and mortgage refinance are extremely risky for borrowers?

Well, they are! That’s why you better think twice before jumping into an exotic 125% loan to value (LTV) second mortgage that allows you to refinance by borrowing more than your home is worth.

It sounds too good to be true, and it is. That’s why the Federal Trade Commission warns,

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This entry was posted on Thursday, January 4th, 2007 at 6:44 pm and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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