HARP 2.0 - If I refi will I have to carry PMI & what is avg cost of PMI?
You will not need MI insurance for a new HARP 2.0 loan based on the information you have provided. There is no minimum credit score requirement. Based on a loan amount of $240,000, today's rate for a no cost loan (all non-recurring costs will be paid from a yield spread premium) on a 15 Year fixed rate...

Should I refine my condo with low interest rate but higher pmi?
Your loan scenario is basically a wash as it pertains to your monthly mortgage plus MI payment after all is said and done. You will be saving some money up front each month for a few years, but you will pay it back with the higher MI for a few years after that. The bigger question is how long do you intend on...

10-year, interest only mortgage
You will need to let us know what the loan amount is, the current market value and FICO score to give you an accurate quote. You can contact us at www.greaterbaymortgage.com or 1-800-890-1500. We have several lenders that offer this product.

Does HARP 2 offer better rates also or just allows high LTV loans
There have been many changes to the HARP 2.0 program. Please refer to our website at www.greaterbaymortgage.com and click on the HARP 2.0 button. It will take you to a most frequently asked questions section. You can also call us directly at 800-890-1500 to speak to one of our HARP experts!