Are there any banks doing mortgage refinancing not requiring a down payment or a LTV of 100%?

Question by Jen: Are there any banks doing mortgage refinancing not requiring a down payment or a LTV of 100%?

Best answer:

Answer by v b
Loan standards are now a minimum of 3-5%.

Loan standards now require that you prove your income by producing your tax records for the past few years.

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2 Responses to Are there any banks doing mortgage refinancing not requiring a down payment or a LTV of 100%?

  1. David M says:

    Pretty much not. It was loans like that which got us into the mess we now find ourselves in. For banks to continue to offer them would be terribly irresponsible. For people to still seek them out just goes to show how foolish and clueless they are.

  2. brenda says:

    you could try fha loanss

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