We do currently do these loans up to 125% loan-to-value, and will probably be able to do them over that the middle of next month. If you have a good lender that you work with check with them and see if they can help you out. If not, feel free to contact me through my profile.
It is possible to qualify up to 125% on a Fannie or Freddie relief loan, but your loan has to be serviced by a particular lender. Otherwise, most lenders will cap the qualification at 105% LTV. If you'd like to check it out, please feel free to give me a call or send me an email.
Hi, rms_bap. For clarity: Fannie Mae and Freddie Mac are CONV (conventional) loans. Follow previous answer direction and look up your address on the fanniemae website. If it's not there, it could still possibly be a Freddie Mac product. Their website is:
HARP 2 is now available and has an unlimited LTV. If you qualify with your loan owned by Fannie or Freddie, you should explore this option with a lender. I work with a few lenders that have this product available. If I can be of assistance, please let me know.
First Capital Mortgage
Direct: (310) 434-1718
Cell: (310) 995-0975