Did you know there are strict loan to value guidelines that classify your home refinancing as a cash out or no cash out refinance transaction? This is one of the highest causes of loan denial. You need a professional that knows these guidelines. Equitable Mortgage can help.

You can borrow up to 95% of the value of your home with our NO CASH OUT LOAN PROGRAM. In most cases the maximum limit is 90%. Remember, PMI is attached to loans with a Loan to Value of over 80%. Let us show you how to avoid that expensive PMI. Call us at 1-800-424-1232.

Here are some guidelines that make your loan request a NO CASH OUT REFINANCE:

• You are just paying off your existing mortgage that includes your closing costs and escrows
• You can pay off a divorce settlement up to 95% of the value of your home
• You are paying off your existing first mortgage and a purchase money second mortgage
• You can borrow up to 95% of the value of your home. Program restrictions do apply so call a professional Mortgage Banker today

All of these guidelines dictate the interest rate and programs available to you. Don't let another lender sell you something you can't qualify for. Call Equitable Mortgage and speak to a professional Mortgage Banker.