Who does home equity loans at more the 80% still?
Posted in Home Equity Loans on 01/10/2012 10:43 pm by admin
Question by adonaitrading: Who does home equity loans at more the 80% still?
We have a house at 94900, and appraised at 125000 but it seems like every bank only loans at 80% of value now which is not much. Any ideas?thanks for the answers so far. Can I get a fha equity loan if my mortage is a conventional fixed not a fha? Thanks
Best answer:
Answer by golferwhoworks
a wholesale lender M&I bank does but you need a broker to help with that and they go up to 90%. Also FHA allows up to 95% cash out. I am a mortgage banker in TN & KY
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