Great 125 Loan Opportunities with the Home Affordable Refinance Program, AKA Obama loans.
125 Loan
125 loan options are available to a select group of borrowers under the home affordable refinance program who have Fannie Mae or Freddie Mac mortgage loans that are greater than their home values. Nationwide Mortgages recently rolled out several Home Affordable Refinance Programs that enable struggling homeowners secure a 125 loan even though their property is worth much less than their first mortgage lien.
These flexible 125 mortgage products are only available to specific borrowers who have a Fannie Mae or Freddie Mac home mortgage less than $417,000. 125 loan guidelines allow borrowers to refinance mortgages that exceed the property value up to 125%. Now is the time to get a free 125 loan quote.
*125% Home Loans for
Borrowers with No Equity
*125 Loan Options for borrowers with No Equity -620 Credit Scores for
qualifying 125 loan applicants
No Equity with 125 Loans
*100% VA Streamline Refinance
VA Streamline Loans now available-580 Credit Scores for
qualifying VA loan applicants w/ primary residence.
* Full-Document – FHA Mortgage up to $625,500
* Stated Income -Home Loan up to $500,000
Nationwide 125 Mortgage Lending Specials
Many mortgage brokers and lenders may be offering Home equity loans and 2nd mortgages that seem too good to be true... You know how the saying goes...The offers are probably too good to be true. A good indication of this usually happens when the loan officer from that bank refuses to call you back. At first you are surprised they don't return your calls, because you are ready to do business, and they seemed so nice when they gave you the low rate quote.
Refinancing or adding a second mortgage can help your credit rebound, and will often increase your credit scores with timely payments. Call our Debt Relief Department with any questions regarding refinancing debt into a secure home loan. Debt settlement may also be available for consumers that have over $10,000 in credit card debt.
Get a Mortgage up to 125% of your home’s value
Combine your 1st & 2nd mortgages into a low rate
Eliminate compounding credit card interest
Consolidate all your bills into one lower mortgage payment
Refinance your bad credit mortgages
Get Cash Out with Home Equity Loan Refinancing
203k Offers Cash for Home Improvements
Fixed Rate Mortgage Refinancing
Refinance variable rate HELOCs
Call for 125 Loan Assistance
125 Loan Department is available to address questions. Whether you want to discuss refinancing programs, loan modifications or mortgage refinance rates for FHA and VA, Nationwide Mortgages is here to help you get approved for a refinance loan that improves your financial state.
Check out the Home Affordable Refinance Programs for 125 Loans under the Obama loan relief guidance. Also evaluate the expanded FHA guidelines for FHA and VA streamline government loan programs. Refinance rate and term or combine 1st and 2nd mortgage loans for lower mortgage payment.
Nationwide Mortgages announced a new 125 loan program that is designed for borrowers who are upside down with their mortgage because of the national housing crisis. Borrowers who lost their home equity may have a new opportunity with Obama loans to refinance if they have a Fannie Mae or Freddie Mac mortgage lien that matched the 125 loan criteria required for this no equity program.
Underwriting and 125 loan approval timelines may vary based on lender volume. In most cases, loan approval for FHA refinancing is 48 hours. Get online approvals for home refinance loans can in less than 15 minutes.
Apply Online or Call our Friendly & Experienced Loan Department
