Saturday, December 26, 2009

Buy To Let Ltv Can Someone Refinance Their Home For A 30 Yr. With An LTV Lower Than 100%?

Can someone refinance their home for a 30 yr. with an LTV Lower than 100%? - buy to let ltv

To make it a little easier ...

My friend bought a house for $ 900,000 per year minimum 2 years fixed interest rate. As usual, fraud, after 2 years your monthly payment to an extent that he could not afford to be further increased. So now you have to leave at home ..

Wha, I wonder if you can refinance to a fixed year 30? Questions or comments?

Your loan application amt: ~ $ 950,000
Home ~ $ 800,000

Have you let go of the right to refinance a fixed interest rate or is it better?

1 comments:

Big daddy said...

Difficulties in one way or another. The mortgage is a fraud, no, but it's a completely different topic. The problem is your friend now no different from thousands of people. You can not refinance because LTV ratio greater than 100% if he goes is to his credit damaged at least 2-3 years. Perhaps you have assets can be used to suppress seek their LTV down. The only proposal that is not your friend, the lender has called to discuss the situation?

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