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re: I need some advice with my house building/loan/PMI
Posted on 2/24/13 at 1:29 pm to TigerDeBaiter
Posted on 2/24/13 at 1:29 pm to TigerDeBaiter
You can do FHA and I have a lender who does 6% conventional on new construction.
1
Posted on 2/24/13 at 2:41 pm to Franktowntiger7
quote:
You can do FHA and I have a lender who does 6% conventional on new construction.
PMI for life of loan after April 1 FHA. If you've got a lender doing 10% down conventional take that product everytime. Pay PMI upfront and roll it loan, much less that paying monthly
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