This means that any extra amount that you pay is immediately extra equity in your home that was not there before. (financialexcellence.net)
They're not willing to lend you this money, and they can't pay the bills with a little extra equity in your home. (money.stackexchange.com)
«We have seen an uptick in loans heading to special servicing because borrowers are trying to figure out what they need to do and whether or not they need to put up extra equity in order to refi these loans,» says Melissa Che, director in the U.S. CMBS group at Fitch Ratings. (nreionline.com)