No Equity Home Loans Up To 125% LTV

A no equity home loan can get you the cash you need even if you do not have any equity in your home!

The 125 ltv home equity loan is a no equity home loan program which allows home-owners to borrow up to 25 percent more than their home is worth. For example, if your home is worth $100,000 and you owe $100,000 on the mortgage, this program will still allow you to borrow up to $25,000 more.

The no equity home loan is a simple interest, fixed rate loan... unlike credit cards, which compound the interest daily. A 125 ltv home equity loan can be used to consolidate debt saving you hundreds of dollars per month. In addition to debt consolidation, the loan proceeds can also be use for home improvement or cash-back. Cash-back is when you receive the money to do as you please. Please note however, that some lenders may limit the amount of direct cash you can receive depending on your credit score.

The "no equity home loan" program is available to new and seasoned homeowners. If you are a new homeowner you generally will need to have at least 3 months seasoning in your home to be eligible. In many cases, a home appraisal will not even be required.

Due to the variance in 125 home equity loan eligibility requirements and program options from lender to lender, It's best to do a comparison of several lenders in order to find the best loan that fits your particular needs. We recommend that you use a service such as LoanWeb for this task as you can complete one simple application and receive a loan quote from up to 4 reputable no equity loan lenders who services your area.