my middle credit score is 715 and i'm looking in atlanta georgia and surrounding areas by stylesdarren33978 from Atlanta, Georgia. Apr 30th 2015
Your score is fine for the purchase of residential property. 678-571-7433 can get you prequalified with the best rates. - Tom Dasta
Yes - the 80/10/10 has become is a hot program for us right now. Happy to provide you a quote.
Sure but you'll likely end up with a lower payment with a different option and one loan. pdumouchel@primelending.com
Yes..but it's not recommended.. Your far better off paying 10% down and paying a monthly mortgage insurance premium than by doing a 80/10/10 with 10% 2nd loan. your payment will actually be lower. With a 715 credit score, for every $100K financed, your MI payment will be about $48 per month, and once you have paid for 2 years, and once you have 20% or more equity, you can ask your lender to remove the MI.. you will have to pay for an appraisal, but so long as the value is there, they will drop the MI, and you wont have to refinance to do it.. I always recommend you contact a local mortgage broker and let them sit down with you and analyze your complete loan scenario.. until 2nd mortgage rates and terms improve, or if MI rates increase, there is no benefit to doing an 80/10/10. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
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