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Subordination with 118% CLTV

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sjlcjl
Valued Member

Subordination with 118% CLTV

Does this happen?  I am in the process of a HARP refi (so no cash out) on my first.  Didn't think anything about the subordination for my second. 

I'll have a CLTV of 118% based on what Freddie Mac says the value is for the HARP program. 

No cash out and a lower monthly payment for my first... 

Thanks!


Starting Score: EQ 665 (Jan 1, 2013)
Current Score: EQ 738 4/18/13, EX 715 Lender Pull 3/15/13, TU 718 Lender Pull 3/15/13 Suposedly over 750 now from what I was told when I did my auto loan, but not sure.
Goal Score: 740


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