This popular 125% loan program allows people with no equity to borrow, beyond the appraised value of their property. This is a great option for people who have a great rate on their 1st mortgage, and need cash but don't have any equity.
First time homebuyers with a good payment history on their mortgage are encouraged to apply. Most no equity 2nd mortgage loans are taken out to consolidate adjustable rate debts or to for make home repairs.
Apply for a 125% CLTV Second Mortgage Click Here
- Low Payment 2nd Mortgages
- Cash Out for Home Repairs
- Bill Consolidation Loans
- No Surprise Loan Fees!