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 Search for: any lenders still hav Investment purchase over 80%.
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irishstu7975

261 Posts

Posted - 05/21/2008 :  3:30:17 PM
anyone.........anyone?
mantixmortgage

2717 Posts

Posted - 05/21/2008 :  3:31:06 PM
yes
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irishstu7975

261 Posts

Posted - 05/21/2008 :  3:33:13 PM
sorry...I mean in MD
sbuckman

516 Posts

Posted - 05/21/2008 :  4:39:33 PM
I assume you mean stated because you can get full doc anywhere. Metrocities says they still do stated to a 90.
mantixmortgage

2717 Posts

Posted - 05/21/2008 :  4:40:29 PM
no one will insure those loans
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irishstu7975

261 Posts

Posted - 05/21/2008 :  4:53:28 PM
that what I mean...you cant get MI companies to insure them so you are pretty much capped at 80ltv right now...unless someone tells me otherwise
kalee3415

193 Posts

Posted - 05/21/2008 :  5:05:38 PM
MGIC still will up to 90% with a 680 score

BUT you have to get it into underwriting so they can order the MI before June 1st (will be gone then). It does not have to be clear to close, just registered with them by then. Most u/w will wait till the end, but they CAN order it earlier. Most will if requested.

quote:
Originally posted by irishstu7975

that what I mean...you cant get MI companies to insure them so you are pretty much capped at 80ltv right now...unless someone tells me otherwise

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