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nci1
400 Posts |
 Posted - 05/22/2008 : 12:29:32 PM
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Any one know if any of the MI companies will insure a condo up to 95% ltv in a declining market ( conforming/ approve eligible )
Thanks!
Any input is appreciated. |
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priorityfunding
154 Posts |
Posted - 05/22/2008 : 1:02:14 PM
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| It's not going to happen on a condo with that LTV for the M.I., I just had a same situation and had to drop the LTV by 10%, luckily I could still close them. |
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South Shore
453 Posts |
Posted - 05/22/2008 : 1:08:29 PM
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| If the Condo meets HUD guidelines, FHA is the way to go. |
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