Going through a separation/divorce?!
Typically you are only allowed to refinance your home up to 80% of the value, but in efforts to better assist clients during a difficult time, some lenders have come out with a new program for couples going through a separation/divorce. In this circumstance they are allowed to refinance up to 95% of the value of the home. This is allowed in cases where both parties are on title and one is being removed. This is also allowed when one party is on title and the other party NOT on title wishes to keep the home.
If you are in a situation similar to this, contact Corfield Sisters – DLC Modern Mortgage Group today!