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Categories: Brett's Mortgage Blog

If You Owe More Than Your Home Is Worth – This Might Be An Option For You…

Good Morning!

Do you owe more than your home is worth?   …If so, I might have a solution for you.We have a new loan product that will allow for loan to value ratios up to 125%.

This means that we can finance your loan up to 25% over the appraised value of your home.

…”What’s the catch?”  …This is probably what you are thinking right?

Well, you just have to qualify for the program.

It’s called DU Refi Plus, and here’s what you need to qualifiy for it…

1)  It requires that your current loan must be a Fannie Mae owned loan.

2)  You must have a 620 or greater credit score.

3)  No loan amounts above 417k.

4)  Owner occupied residences only.

5)  We need an automated approval on your loan.

If you feel like you are in this situation – please give me a call or shoot me an email and I’ll see if I can help you out!

…Also, be looking for some exciting high value coupons in the new year from us!

Thanks for reading!  …and, have a great day!

Brett

Brett Sampson

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