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re: Home Mortgage Questions

Posted on 2/20/15 at 3:23 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37311 posts
Posted on 2/20/15 at 3:23 pm to
quote:

I've got one with an 85/15 no PMI.


Did you have to pay a premium in points or interest rate?
Posted by ItNeverRains
37069
Member since Oct 2007
25930 posts
Posted on 2/20/15 at 4:18 pm to
Think it might be 1/8. Haven't had a client use it yet. Most qualify conv. and if they don't have 20% just finance PMI into loan.

Edit - to clarify I have a lender who offers this, I'm an agent
This post was edited on 2/20/15 at 4:19 pm
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