Question:

Can I get a high LTV home equity loan?

Answer:

Home equity loans are currently not offered on a large scale. Due to hardships on the market, lenders have limited or completely seized offering home equity loans.

High LTV HELs are usually possible to find, but now you could have troubles getting them, especially of you need to go stated income.

What is wrong with high LTV home equity loans?

100 and 125% LTV home equity loans can carry 2 to 5% more than up to 80% LTV loans. If you are refinancing a first mortgage with a home equity loan, the whole new loan will carry those expensive rates.

Certain fees will also be higher with ‘no-equity' home equity loans compared to loans with lower LTV and there might be certain complications selling the house for 125% of its value if you move out, or if depreciation occurs.

Recommended helpful present and future homeowners links:
Why: Refinance to a fixed rate loan while mortgage rates are still low.
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Common misspellings: mortage and morgage