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 Search for: approve/eligible purchase 90% mid 588.
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blaster

65 Posts

Posted - 04/30/2008 :  1:58:52 PM
hey guys, I haven't kept up with the MI changes but will anyone insure this purchase ?

Purchase, SFR, 200,000g assetts 588 mid score, 90 % ltv, Bottom DTI is 17%, WI, Approve Eligible,
EquitySmart

1240 Posts

Posted - 04/30/2008 :  2:01:15 PM
You need at least 620 credit score for MI on conventional loans - this would probably work well through FHA, since you have the 580 credit score and AUS approval
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hoangad

2937 Posts

Posted - 04/30/2008 :  2:06:21 PM
FHA
blaster

65 Posts

Posted - 04/30/2008 :  3:24:23 PM
Thanks guys,

I figured FHA was my only chance- Just needed confirmation
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CoralSnake

11206 Posts

Posted - 04/30/2008 :  3:44:54 PM
quote:
Originally posted by blaster

Thanks guys,

I figured FHA was my only chance- Just needed confirmation

Consider this confrmed.
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