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 Search for: DU LEVELS? EA II OR EA III.
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daricca

82 Posts

Posted - 08/27/2008 :  11:45:34 AM
I have borrower on fixed income and low tradelines but getting approval at level. going 95% is level 3 but 90% is level 2. They really would like less money down but not sure if that is ok due to MI companies?
South Shore

385 Posts

Posted - 08/27/2008 :  2:34:36 PM
FHA is so much better than EAI, EAII, and EAIII's.

Our Company (est. 1987) has a well established Affiliate Program for non-FHA approved Brokers where you can assist your existing client with FHA product.

FHA guidelines provide for 95% on cashout refinances. Purchases are up to 97% LTV w/ up to a 6% seller's concession. No declining market reductions either!

Give me a call. I am directly available to discuss our Program and your scenarios for properties in FL, MD, DE, NY, CT, MA, IL, ME, MN, AZ, and CO.

If you have a scenario. FAX or e-mail me your 1003 and credit for same day review.

Neely Mondello; DE
South Shore Mortgage
866-237-7452 x242
FAX: 631-574-1442
neelymondello@myfastmortgage.com
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