This is a plan for Fannie Mae and Freddie Mac to refinance their existing loans at . Alternatively, partial payoff for second lien extinguishment is offered. . or Freddie, orginated with 80% LTV or less, and with current first-lien LTV up to 125 %.

You can compute loan-to-value for first and second mortgages. . to refinance under the Home Affordable Refinancing plan, the loan-to-value ratio is important.

This report contains data on refinance program activity of Fannie Mae and Freddie Mac (the . first and second quarters of this year. . securities containing loans with LTV ratios greater than 125 percent . were defined as Fannie Mae to Fannie Mae and Freddie Mac to Freddie Mac first-lien refinance loans with limited and .

Advantage of Refinance: A Home Affordable Refinance, like a traditional refinance, is a . (primary residence, second/vacation home or investment property) Yes No 3. The amount you owe on your first lien mortgage does not exceed 125% of the current value of your house. Use the Loan-to-Value calculator to determine .

Mar 30, 2011 . Many who want to refinance have not been able to, despite HARP, . should be allowed to refinance as long as their loan-to-value (LTV) ratio is 125 percent . In fairness to home equity (second lien) lenders, there had never .

Aug 31, 2012 . This report contains data on refinance program activity of Fannie Mae . the second quarter of 2012. . Removing the 125 percent LTV ceiling; . to Freddie Mac first-lien refinance loans with limited and no cash out that are .

Sep 25, 2012 . As per the standard definition, the Home Affordable Refinance is a federal . including people having an LTV up to around 125 percent, whereas again . over 125 percent is allowed provided if the holder of the second lien is .

The Federal Housing Administration (FHA) offers refinance options on mortgages . of a subordinate lien, or second mortgage, the maximum LTV is 125 percent, .

Be a first-lien, conventional mortgage currently owned or securitized by Freddie Mac. . Flexibility in the use of refinance proceeds depending on the LTV ratio of the . Mortgages secured by investment properties and second homes are not . Relief Refinance Mortgages with LTV ratios greater than 125 percent that are sold .

How do I know if I am eligible for a refinance under HARP? . I have both a first lien and a second lien mortgage. . the enhancements such as delivery of loans with LTV greater than 125 should be operational during the first quarter of 2012.

This program allows borrowers to refinance their primary residences up to 105% loan to value and in some cases a second lien up to 125% loan-to-value.

Feb 26, 2009 . Most second lien holders will not consider subordinating until the have a . where the subordinating lender reduces credit lines to keep the LTV in check. . ($300 for appraisal, $300 for Title search, $125 for 2nd lender to .

Home Affordable Refinance Program offers many advantages. . loan-to-value ratio over 125% as long as the holder of any second lien is willing to subordinate .

Mar 22, 2012 . How Will the Federal Home Affordable Refinance Program Help Homeowners? . borrowers had both first and second liens and were upside down by an . The removal of the 125 percent LTV cap via HARP 2.0 means that .

Mar 25, 2010 . This program allows borrowers to refinance their primary residences up to 105% loan to value and in some cases a second lien up to 125% .

with a combined loan to value (LTV) ratio of 138 percent.2 . outcomes would jeopardize the second lien holder's rights, or if the refinance . 36 For example, First American Title Insurance offers Lien Priority Insurance for approximately $125.

Sep 22, 2012 . Given that so many second lien lenders have gotten burned, they are highly protective . at this point, only to have dreams of refinancing smashed because the combined LTV of both loans can't exceed 105%, 125%, or 150%.

Comprehensive guidelines for the Home Affordable Refinance Program . Therefore, some banks will limit their business to loans under 125% loan-to- value, for . Second lien holders know this, however, not all second lien holders will agree .

Sep 14, 2012 . Originally, HARP allowed homeowners to refinance if their loan balances were . changed to include borrowers with loan-to-value ratios of up to 125 percent. . The Second Lien Modification Program provides assistance to .

Jun 15, 2012 . The expanded Home Affordable Refinance Program (HARP 2) is designed to . borrowers had both first and second liens and were upside down by an . The removal of the 125 percent LTV cap via HARP 2.0 means that over .

May 2, 2012. they transferred me to Quicken Loans to attempt the refinance. QL has a cap of 125% LTV. My 1st mortgage is $104k and the second is $31k.

Oct 31, 2011 . Removal of the 125 percent LTV ceiling so that borrowers with significant . second liens that had been a significant impediment to refinancing .

Apr 25, 2012 . Effective December 1, 2011, the 125 LTV cap was lifted for new fixed rate . a newly refinanced loan if the second lien holder or mortgage .

If you refinance a first mortgage and a second lien, your lender regards that as a . a cash-out refinance loan under HAMP with an LTV ratio of up to 125 percent.

The refinanced FHA-insured first mortgage must have a loan-to-value ratio of no more . Impeding a refinancing deal may be in the second-lien lender's interest. . is 125 percent so that the incentive for principal reduction would be 15 cents .

The interest rate for an 80% LTV second mortgage and a 125% second mortgage . income loans with fixed rates for 2nd mortgages and home refinance loans.

5 days ago . NOTE: The refinance of an existing subordinate lien will not be . 15-year Fixed- Rate, Refi Plus LTV 105.01 thru 125: CV prefix . of >80% serviced for a particular GSE, regardless of whether the lender or a third-party owns .

If a second mortgage (subordinate or junior lien) exists, including a Home Equity Line of Credit, the . A streamline refinance provides for a 125 percent CLTV.

For a 45 day lock there is a .125 point add-on to the points and for a 60 day lock . On primary residence and second home refinances, there is also a three-day . Yes, you can subordinate multiple liens provided the combined loan to value is .