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80-15-5 Loan in NJ?

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 Reply


MIKE CONVIN (mconvin)
#6 ranked lender in Delaware - 202 contributions

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)

Jul 19th 2011
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Stephen Harris (stephen.harris)
#38 ranked lender in Ohio - 37 contributions

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.

Jul 20th 2011
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Gianni Cerretani (mortgagegodfather)
#32 ranked lender in Georgia - 238 contributions

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

Jul 20th 2011
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