BD Nationwide Mortgage Introduces the 110% Mortgage Refinance Loan

BD Nationwide Mortgage Company, announced the arrival of the 110% Mortgage Program. This is a unique loan product, that allows borrowers the ability to exceed the value of their home when refinancing their first mortgage. The 110% program offers homeowners the ability to pay off debts, combine mortgage loans, or simply get cash back.

Encinitas, CA (PRWEB) June 15, 2006 -- BD Nationwide Mortgage Company, announced the arrival of the 110% Mortgage Program. This is a unique loan product, that allows borrowers the ability to exceed the value of their home when refinancing their first mortgage. BD Nationwide has partnered with Irwin Home Equity to offer this "No Equity" refinance loan.

The 110% program offers homeowners the ability to pay off debts, combine mortgage loans, or simply get cash back. This loan lending benefits by adding a competitive 125% home equity products. BD Nationwide Product Mgr., Brendon Daly said ," this is a great opportunity to be able to save our clients more money, because now we can offer a 110% 1st mortgage or a 125% second mortgage." Daly continued "The 110% is another option for homeowners to have one loan that consolidates all of their high rate debt with their mortgage." This is the first new loan product BD Nationwide has introduced in 2006 that doesn't involve a 2nd mortgage. Daly said he hoped that "this was a signal of more expanding product lines in an expanding marketplace."

The 110% is another option for homeowners to have one loan that consolidates all of their high rate debt with their mortgage.

Noteworthy Program Highlights

• Debt & Loan Consolidation to 110% LTV
• Loan amounts to $750,000
• Cash-Out Refinancing to $100,000
• 30-Year Fixed Rate or 2/1 3/1 LIBOR

About BD Nationwide Mortgage Company:
BD Nationwide Mortgage is a mortgage broker with corporate headquarters in Encinitas, California. They specialize in refinance, home equity loans and credit lines for homeowners seeking debt consolidation or cash out. The company focus remains solidified with second mortgages for people with all types of credit. Always striving to offer "out of the box" loans, BD Nationwide Mortgage is determined to help expand financing solutions so more Americans can maximize the financial rewards of being a homeowner. Consumers searching for updated interest rates regionally should visit: Home Equity Loan Rates.

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