Total Loans of 125% of Appraised Value? Hope Not…

I just received this e-mail from a local lender (and no, I’ve never worked with this person just to be exceedingly clear).  I’m hoping it’s a joke… Just a quick note to let you know that Fannie Mae’s Refi Plus program allows for a total loan-to-value of up to 125% of the appraised value. With […]