You can eliminate having to pay mortgage insurance with a Lender Paid Mortgage Insurance Product with as little as 3% down. If you would like more details, please send me an offline email. Thank you!
Sure... You can still find that product in the market today... But it has fallen out of grace for other products. For example, for just here in MN, I can offer a 3% down loan with NO PMI. You'd likely even to be better off is a 95% one loan with single premium PMI... Sounds complicated, but it is super easy, and we do them all the time. Talk to a local mortgage broker for more details and options on your personal situation. www.MinnesotaBestRates.com
Look at Finding a lender that offers 97% loan to value financing with Lender paid Mortgage Insurance- that will be your best bet-Pete
Yes, the lender paid mortgage insurance is really strong right now. As your local lender about it.Good luck!
Yes, an 80/10/10 is possilbe. Call me to see if you quailfly David Kester 602-628-6500 Sr. Mortgage Consultant
I can offer Lender Paid Mortgage Insurance. It will add about 3/8 to 1/2 a point to the rate:To better help you, I would like to see your financial situation.Please send me the following information for all borrowers:1. 1 Month of current pay stub's2. 2 Year W-2 Income Statements3. 2 Year 1040 Federal Tax Returns4. 2 Year Business Tax Returns (If a business)5. 3 Months of current Bank Statements6. Copy of Drivers Licenses Please forward them to:James Mazzola8 Matthew AvenueKendall Park, NJ 08824jmazzola@sunnm.com or cornoil@comcast.netIf you have any questions, please do not hesitate to contact me:(O) 973-805-4107(C) 732-501-4249(F) 732-951-0629Thank you,James Mazzola
A better choice may be 10% down, with 90% loan, with PMI.
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