125 home loans provide a fresh start for borrowers with no home equity seeking refinancing or funds to pay for home improvements. Nationwide Home Equity recently introduced some enhanced home equity loan products that are helping more people get approved. With more flexible underwriting and loan guidelines that allow lower credit scores, now is the time to get a free quote. Take advantage of 125 refinance offers direct from the lender. 125 loan offers are only available to borrowers who meet the Fannie/Freddie guidelines outlined by the government bailout products.
*125 Home Equity Loans
1st Time Home-owners OK
No Equity Needed.
*100% Home Equity Loans
Equity Loans now available-580 Credit Scores for
qualifying loan applicants w/ primary residence.
No Equity Needed for First Time Homebuyers
*90% Home Equity Loans
Equity Loans now available-560 Credit Scores for
qualifying loan applicants w/ primary residence.
* Full-Document -Home Equity Loan up to $500,000
* Stated Income -Home Equity Loan up to $300,000
* Second home mortgages can total 90% CLTV.
Nationwide Mortgages' 125 Loan Commitment
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.
Be careful shopping at the home equity loan malls, because many companies are making great offers to people with considerably high credit scores. Don't waste your time with people who quote you home equity loan terms without analyzing your credit, and debt ratios. Of course understanding the estimated value of your home is imperative for getting a real home equity quote. Free No Cost Loan Quote Click Here.
Don't let your bad credit loans and past credit score obstacles hinder your home equity options. FHA mortgage refinance loans may be the best opportunity for borrowers under 100% LTV seeking the lowest possible fixed rate.
Refinancing or adding a second mortgage can help your credit rebound, and will often increase your credit scores with timely payments.
Get a 2nd Mortgage up to 125% of your home’s value
Combine your 1st & 2nd mortgages into 1 mortgage
125 Loans wipe out credit card interest
Consolidate all your bills into one lower mortgage payment
Refinance your existing 2nd mortgage
Save up to 75% with Bill Consolidation
Convert your adjustable rates to a Fixed Rate Loan
Call our Home Loan Department with any questions. Whether you want to discuss 125 loan programs, home equity loan rates or just need more assistance understanding mortgage terms like refinance, second mortgage, home equity, home purchase, interest only or consolidation.
Call our Debt Consolidation Department with any questions regarding refinancing debt into a secure home loan.
New Home Equity Programs Updates
Over the last few weeks, Nationwide Home Equity has modified their credit score requirements for many of their home equity loan programs. Debt settlement may be available for consumers looking to eliminate credit card debt through a debt reduction service online.
Underwriting approvals has been reduced to 24 hour for most of the 2nd mortgage programs. Get online approvals for home equity loans can in less than 10 minutes. Nationwide Home Equity values your time and appreciates your business.
Apply Online or Call our Friendly & Experienced 125 Loan Department