Do you have to pay PMI if you get a conventional mortgage?
MPRALL;you need PMI on your mortgage if you do not have 20% downpayment. We do have programs with No PMI for less than 20% down payment, in those instance, the mortgage rate is slightly higher.Give me a call if you have any questions 978-502-3007 or email me jsarkisian@greenparkmortgage.com

Does anyone know a lender that works with fair/poor credit but good salary and 30% downpayment?
Sebzan;You may have a possibilty, it depends on other factors. I work fot Greenpark Mortgage a subsidary of Berkshire Bank, over thelast fw weeks, I have done 3 portfolio loans with credit scores as low as 630, it was 40% down, but it worked. The key is what are the compensating factorsI am a life long...

can we refi using my wife's information?
Don;yes absolutely you can use your wife, there is a little bit of work we need to do with the deed, but it is very easy and very common on transaction. Please give me a call 978 502-3007 or email me jsarkisian@greenparkmortgage.coGreenpark Mortgage a Division of Berkshire Bank The Offical Bank of...

What mortgage rate will I get with a 774 fico? We are in MA
Henry;what is the sales price and your loan amount? You cab=n email me directly at jsarkisian@greenparkmortgage.comLook forward to hearing from you.Jeff

Looking for a lender for jumbo loan. House 1.2M, 15% downpayment. Annual income 218K. DTI almost zero, scores 657 and 630 (wife).
Sebzan;My name is Jeff Sarkisian I have over 22 years experience in Mortgage Banking, and work for berkshire bank. I am a life long resident of Andoever Mass, my family has owned a Driving Range and Ice Cream SStand since 1934 in Andover.I have some great portfolio products that may work here, if you...

Is a $800K home in boston over the conventional loan maximum?
Diaria;Sorry for the delay in response, yes as others have stated, you will need a Jumbo. Give me a call 978 502 3007. I have a fnatastic low fixed rate for your loan or a 10/1 arm with a very low rate. I work for Greenpark Mortgage/Berkshire bank we are the official sponsers of the Boston Bruins on Nesn. We are a...