One of the hottest products in the mortgage refinance market is the concurrent 1st refinance loan that closes simultaneously with a 125% second mortgage. These 1st and 2nd loan combinations are also referred to as "piggy-back loans".
These combination home loans allow borrowers to refinance their adjustable rate mortgages and then tackle their revolving credit card debt with a 125% loan that is needed because the debt balances exceeding the value of the home. Why not eliminate your credit card debt at the same time you refinance your first mortgage loan.
Refinance with No Equity before time runs out on your Adjustable Rate Loan.
This is a great way to refinance variable interest rates, credit debt, and credit lines into streamlined mortgages. Senior Loan officer, Al Pereida refers to the concurrent 125% loans as the "high LTV Savior Loans," because they are constantly getting borrowers out of stressful predicaments in financing.
Nationwide Mortgage Loans is offers primate rate refinance loans from 80-100% and second mortgages that will close concurrently up to 125% of the property’s appraised value. We recommend that you consider these loans when you are unhappy with your 1st mortgage and you have too much debt to refinance it all into a 100% home mortgage.
125% Combination Refinancing
Lock into a fixed rate with 125% Refinance Loan
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Fixed Rate Loan Refinancing
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2nd Mortgages to 125%
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Refinance Jumbo Mortgages
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Credit Card Combining
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Refinance 1st & 2nd Mortgages
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Consolidate all of bills into
one fixed rate mortgage payment.
Nationwide Mortgage Loans offers an array of fixed rate mortgage refinance solutions. 125% mortgage refinancing is a very unique loan program that very few lenders in the country can offer.
In addition, our lending institution offers home equity credit lines; hard money second mortgages and FHA refinance loans that feature fixed interest rate terms.
Don't wait any longer, Call 1-800-242-6986 to speak with a seasoned loan professional live. We offer a helpful consultation that includes a free loan quotes with no obligation.
Resource Tools
ARM vs. Fixed Rate Calculator
How does a fixed rate mortgage compare to an adjustable rate loan or home equity line of credit?
Client Testimonials
"The 125 combo loans helped our family escape some financial hardships. We could not find any brokers who could help us refinance our first mortgage and still get us an equity loan to consolidate our credit card debts. – The Martinez Family
