The rate of appreciation is a more normal 6% - 12% annually. Depending on their personal situation, a homeowner may be able to borrow up to 95% LTV (funding to value). They will have to refinance their first mortgage if they want to cash out some of their equity. [...] What type of mortgage would you recommend for subprime borrowers? There are very few 125% LTV mortgages anymore, and subprime borrowers won’t qualify for these. Subprime Mortgages and the Refinancing Boom Don’t settle for subprime rates if you can get prime-rate mortgage refinancing.
Baltimore County Real Estate

Information is deemed reliable but not guaranteed.