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roe353
11 Posts |
 Posted - 07/03/2009 : 2:29:44 PM
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I have a borrower who wants to buy a home. She is currently getting her primary home ready to rent. However she will not have it rented out before she moves to her new primary property. She does have enough DTI (39 %) with her new home (primary home) including the departing home mortgage payment.
She wants to qualify for a 5-10 % down payment. does anyone know any lender that would do this loan at 5-10 % down as a primary home? |
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Broker G
354 Posts |
Posted - 07/03/2009 : 2:37:35 PM
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| Any lender should do this as a conventional loan 90%LTV. |
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Kenneth Fedak
506 Posts |
Posted - 07/03/2009 : 2:49:24 PM
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| Roald, not sure what state this is in, however; try Plaza Home Mortgage. They are still acquiring MI down to a 660 FICO. I believe they use Radian. |
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Mgreenstein
95 Posts |
Posted - 07/08/2009 : 3:09:37 PM
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| If you are looking to make a referral decision feel free to give me a call. More info would be required for me to tell you anything specific on this. |
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davidfr
2245 Posts |
Posted - 07/08/2009 : 4:05:53 PM
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quote:
Originally posted by Mgreenstein
If you are looking to make a referral decision feel free to give me a call. More info would be required for me to tell you anything specific on this.
Dude, you need to stop trolling. Do you really think anyone is on BO to "refer" their deals to another broker? Hundreds of other members could say the same thing you say above, but we have class. |
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