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Company Loan Type APR Est. Pmt.

mortgage app

Posted on: 21st Sep, 2009 12:27 pm
Hi I am planning to down 10% on 530000 house can I get a mortgage.
What is your credit like?
How long have you been on your job?
How much are you making annually?
What monthly debts do you have (reporting on your credit)?
Posted on: 21st Sep, 2009 12:53 pm
depending on your answers to chris' questions, you might qualify.

if your credit score is below 700, you may not want to count on qualifying at all. mortgage insurance is a commodity that is very hard to come by these days.
Posted on: 21st Sep, 2009 01:35 pm
agreed. In Florida you have to have a 680 or higher to go above 80% loan to value.
Posted on: 21st Sep, 2009 03:44 pm
chris, please have your mi contacts spread the news to connecticut contacts so we can get mi for people below 700. the mi companies are not well, i'm afraid.
Posted on: 22nd Sep, 2009 07:03 am
Ouch sorry to hear that George. I thought we had it as bad as it could get :(
Posted on: 22nd Sep, 2009 07:09 am
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