Bridge Mortgages provides 125% home equity loans countrywide with debt refinance solutions for borrowers with revolving debt and no equity.
125% Home Equity Refinancing: Many borrowers have taken out lines of credit with their 80-20 purchase loans. The interest rates on the lines of credit are variable and have been increasing significantly with each Fed meeting.
Credit card debt refinancing: Refinance revolving credit cards into to a fixed simple interest loan with a debt consolidation equity loan. Part of the refinancing craze that has swept the mortgage business over the last few years has come from homeowner's desire to roll the compounding interest of credit card debt into a home equity loan or 2nd mortgage.
In addition to refinancing your HELOC, it may be a good idea to pay off your furniture loans, and credit debt that has variable rate interest. It is time to call Bridge Mortgages and lock into a fixed rate 125% home equity loan. Bridge Mortgages offers 125% refinance loans that require you to have no equity and allow you to qualify for a loan that exceeds your property value by 25% to refinance debt and make home improvements. It is important that you maintain a good credit score for the 125% refinance loan, so make sure you make your payments on time with the mortgage and credit card companies. 125% Mortgage Lenders are looking more at your credit scores and debt to income ratios than they are with your loan to value. |
