| Author |
Previous Topic | Next Topic |
|
knutz16
36 Posts |
 Posted - 08/24/2008 : 12:33:52 PM
|
| I have a borrower 800 scores, no debt looking to do a 90 or 95% with no M.I. Any suggestions for a bank? Thanks |
|
|
|
Chris Clark
5967 Posts |
Posted - 08/24/2008 : 2:25:33 PM
|
Good luck with that! I don't know of any lender that still does no MI loans. Just find a creative way to inform your borrower that 800 credit scores don't matter - no one is doing it.
BTW, your profile says you're a wholesale lender. I didn't know that wholesale lenders were now originating loans? |
|
|
jaymac
204 Posts |
Posted - 08/24/2008 : 8:32:13 PM
|
| try lpmi |
|
|
jillstatz
671 Posts |
Posted - 08/25/2008 : 08:34:31 AM
|
| Both US Bank and M&I Wholesale are still offering no MI options |
|
|
fanofjam
85 Posts |
Posted - 08/25/2008 : 6:34:07 PM
|
| GB mortgage. 95% no MI and 24 hour underwriting turntime. I kill everyone one this product. It was alot better a couple of months ago (less adjustments) but I have one closing Friday. 730 score. Charging 1.5 on the front and making an 1/8 on the back. Navy Fed couldn't touch it. |
|
|
sbermud
1 Posts |
Posted - 08/25/2008 : 6:55:00 PM
|
| GREYSTONE FINANCIAL IS DOING THEM. |
|
|
jstar
1230 Posts |
Posted - 08/26/2008 : 12:36:59 AM
|
| greystone up to 95% , Oaktree lending up to 97%, US bank, Wells fargo has LPMI, I think there is a few others as well. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
