"Hello I am trying to find what is the CLTV that Well forgo would expect for refinancing 1st mortgage. I have to subordinate my 2nd mortgage with citi. I heard from my broker that they expect 75% CLTV value? Any information in this regard would be greatly appreciated. thanks"    View Post

"Thank you very much for the inputs. It is very helpful. I will try to get in touch with you guys soon. much thanks"    View Post

"Hi I have 2 mortgages. Is it possible to subordinate the second mortgage and refi just the first one? 1st mortgage is about 78% of the home value and 2nd is about 7-8% of the home value? I was bit surprised when one of the broker told me that i can only refinance upto 80% of the value and i cannot keep the 2nd mortgage. Now the option is either close the second or pay PMI by combining both. Is it true that i cannot subordinate? There is another broker who was telling me that i could subordinate...."    View Post