125 Home Equity Loan - LTV

• Stated Home Value OK
• No appraisal required
• Borrow 125% over equity of your home - 125% ltv
• No application fee
• Possible for tax deduction

Special Situation 125 Home Equity Loans
Have you been told that you need a 660 credit score to get a 125 mortgage loan? Has someone told you that you need to have a longer mortgage history, maybe even a 12 month history? For some clients, we can offer a 125 mortgage loans with 600 credit scores or with less than three months in your home.

These home loan products allow a borrower to take a loan that goes 125% over equity of your home. These aggressive 125 home equity loan products are great for borrowers who are drowning in credit card debt and need to reduce their monthly payments immediately. They often times can save a borrower thousands of dollars a month. These loan products are also attractive to borrowers or want to take cash out for home improvement. The 125 mortgage loans allow them the opportunity to fix up their home and potentially increase the value of the property by more than 25%. Fixed Simple Interest Loans translate into lower monthly payments, saving you hundreds of dollars a month!

For many people, a 125 home equity loan is indeed the smart way to borrow. The interest rate is typically lower, and the interest is tax deductible. Plus, 125 mortgage loans are amortized over about 15 years vs. about four years for credit cards. That means the monthly payment on a 125 home equity loan is far lower than a minimum required credit-card payment.

For example, if you owe $10,000 on your credit card at 15%, you'll probably have a monthly payment of $278. But the same amount owed at 15% on a 125 mortgage loan that's amortized over 15 years results in a monthly payment of only $140. The more you owe, the more enticing the 125 mortgage loans look. At $20,000 in debt in the same scenario, the 125 home equity loan costs $280 a month, while the credit card and/or auto debt requires a $557 monthly payment.