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Kev · 02-16-2010, 12:56 PM

[quote=Mike Oxlong;2339441] 2. People looking to refinance their mortgage will only be able to refinance up to 90% of the value of their home rather than 95%.[/quote]

So let's say a home buyer who's home loses enough value over a 5 year mortgage period to be over the 90% mark would have to come up with extra money to renwe their mortgage possibly?

02-16-2010, 12:56 PM	#5
Kev Powerplay Quarterback Join Date: Oct 2005 Exp:	[quote=Mike Oxlong;2339441] 2. People looking to refinance their mortgage will only be able to refinance up to 90% of the value of their home rather than 95%.[/quote] So let's say a home buyer who's home loses enough value over a 5 year mortgage period to be over the 90% mark would have to come up with extra money to renwe their mortgage possibly? Last edited by Kev; 02-16-2010 at 03:45 PM.