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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!
__________________ Greg Phillips Manager Fairfield Mortgage Company Web : Home Forums Blog |