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Old 01-04-2006, 06:20 AM
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That seems like a loan that needs to split to an 80/18.

Did you investigate that?

Jumbo is rare to find 100% 1 loan or let's say over 95%. You normally cannot find more than that and the MI is outrageous if you do.

Did you look at New Century Prime? Also I guess Aurora has some of the same investors possibly. Same type of program.

Thanks for that info Nick!
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