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goodguy1

1682 Posts

Posted - 08/20/2007 :  5:17:14 PM
Ok, so I have a borrower that can't get qualified for LPHP or MCM, however they have been qualified on EA2 up to 100% with PMI's Home of your Own...
The thing of it is, that the borrower takes a huge hit on rate and .96% PMI, not to mention that I get a huge hit to YSP adjustment as well..(Suntrust) 8.75% = .875ysp

Does anyone else know who offers this product or anything about it??

Thanks in advance!
goodguy1

1682 Posts

Posted - 08/20/2007 :  7:20:32 PM
bump...anyone?
cesar1973

40 Posts

Posted - 08/20/2007 :  7:28:35 PM
.96 to the mi is not bad compared to one I just recieved 1.71% my client would have to pay $491.00 a month how like them apples?
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