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mu50stang

10 Posts

Posted - 05/07/2008 :  9:37:25 PM
I have a client with a 731 midscore looking to do a Stated Verified Purchase. Whats the highest ltv available.
FundStar14

747 Posts

Posted - 05/07/2008 :  9:50:23 PM
I've only been finding 80% but would be glad to see someone post with higher.
dkendall1979

10098 Posts

Posted - 05/07/2008 :  9:53:01 PM
Cannot be 1st time home buyer

85% in declining markets
90% in non-declining markets

660 minimum fico

Email me if this works.
FundStar14

747 Posts

Posted - 05/07/2008 :  10:17:02 PM
David, is that a 1st and a 2nd? Otherwise, what company is doing the MI? Thanks
dkendall1979

10098 Posts

Posted - 05/07/2008 :  10:26:34 PM
I had a 90% SISA fund today. MGIC insured it. property was in IN. CA, we've been getting 85% to go through with Radian (SP?).

quote:
Originally posted by FundStar14

David, is that a 1st and a 2nd? Otherwise, what company is doing the MI? Thanks

vedosun

17 Posts

Posted - 05/08/2008 :  06:34:39 AM
The MI providers are still offering MI on stated products provided the subject property is not located in a restricted market. You can search via zip code on MGIC's website.
bigmoob

91 Posts

Posted - 05/08/2008 :  07:08:31 AM
I can do this 90% in non declining markets otherwise max 85%

rarmstrong@blmexpress.com
FundStar14

747 Posts

Posted - 05/08/2008 :  07:24:27 AM
Thanks Everyone!
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