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 Search for: 90% Purch w/ MI, Full Doc, 780 fico. Still Avail?.
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jimmysol

89 Posts

Posted - 08/12/2008 :  10:53:55 AM
It's been a little while since I have had to use M.I. Are there still lenders doing 90% loans with M.I.?

Borrower is purcahsing home, putting 10% down, has excellent score, low DTI, O/O, A-paper all around.

Just making sure they I can do loan with MI still, i thought I saw that it was getting hard to get these days.

Thanks!
EquitySmart

1240 Posts

Posted - 08/12/2008 :  10:56:29 AM
You should be fine. The MI companies have many recent restrictions for second homes, investment properties, SIVA documentation, cashout refinances, etc. but there should be no problems getting MI for owner occupied full documentation purchase loans.
jimmysol

89 Posts

Posted - 08/12/2008 :  11:11:47 AM
SWEET! Thanks Equity Smart. I will check with my AE to make sure before i submit.
Ryan Robertson

246 Posts

Posted - 08/12/2008 :  12:17:13 PM
I'm still able to offer 95%. Give me a call if I can help?
Thanks
hypocracy

31 Posts

Posted - 08/12/2008 :  12:50:12 PM
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