peter
4937 Posts |
 Posted - 05/26/2008 : 9:57:58 PM
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I got an announcement from GMAC HomesComing that:
"Effective 6/01/08, MI guidelines are changing the max amount insurable to
$533,850 (90% LTV), or $729,750 (85% LTV). This is for Conforming/Jumbo
30 years or 15 years fixed in a declining market."
Anyone knows if these MI guidelines reflect all the MI companies' position
after June 1st, or is there any MI company or any LPMI lender out there who
will be able to do better than HomesComing after June 1st?
Any info will be appreciated.
Peter
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