Refinance 5% Equity Damaged Credit

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ZeroEquity ( 100% Loan to Value )	5% to 9% Equity ( 91% to 95% LTV )	10% to 14% Equity ( 86.% to 90% LTV )	15% to 19% Equity ( 81% to 85% LTV )	20% Equity or more ( below 80% LTV )


5% to 9% Equity Damaged Credit

Having some amount of equity in your home begins to reduce the risk for the lender. The more equity you have in your home the less risk the transaction is for the lender. Depending on the severity of your credit challenges will determine the type of loan product you will qualify for.


You will need to contact a Bright Mortgage Loan Representative to discuss your options as these types of transactions are almost always on a case by case basis.

Jeff Dobbs NMLS# 313409

Troy Jones NMLS# 313408

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Last Updated 08/04/2011