Hi there,I was wondering if anyone knows if there are still any 80-15-5 loans in NJ. I am trying to avoid PMI. Thanks! -T by T_s34_new_consumer from , . Jul 19th 2011
hi there: I can do one loan with no MI and rates are still very competitive. what is the loan amt? Federally Chartered Bank NMLS #754875 and offer asst with closing costs also. Mike (703 505 5300)
Most 2nd mortgages will not go that high of loan to value anymore. There are lenders that can go 95% with no pmi and portfolio lenders that can go to 90% with no pmi. There are a few options depending on your credit and financial situation.
Mike Convin is your best route- his private investors are top notch with programs with out PMI rate as low as 5%- you cannot even get that with a lender paid PMI product that a lot of banks like myself carry
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