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Taylorman
04-18-2007, 11:34 AM
Does anyone know of a lender currently writing PMI on Flex 100 Fannie Loans with scores < 575?
Or do you know anyone who is doing EA3 100% my community fannie loans.
Does anyone know of a lender currently writing PMI on Flex 100 Fannie Loans with scores < 575?
Or do you know anyone who is doing EA3 100% my community fannie loans.
I will be coming out with the my community loan next week.
Wendi Cook
Provident Bank Mortgage
951-990-0328
essexjet
04-18-2007, 02:52 PM
Does anyone know of a lender currently writing PMI on Flex 100 Fannie Loans with scores < 575?
Or do you know anyone who is doing EA3 100% my community fannie loans.
We use Homecomings for our conformining products and looked at the product matrix look like 620 is going to be the lowest and an EA3 is 95% CLTV
Taylorman
05-01-2007, 12:59 PM
We use Homecomings for our conformining products and looked at the product matrix look like 620 is going to be the lowest and an EA3 is 95% CLTV
So do I. I close about 5 loans a month with homecomings. They are great. However, this loan will not fit due to credit score < 575. They do EA 3 but cant get pmi for it.
We just rolled out the my community 100/105% CLTV minimum fico 620; 97/105% CLTV 600 Fico.
Wendi Cook
Provident Bank Mortgage
951-990-0328
Pussywhippled
05-01-2007, 01:15 PM
Wow you guys must really be smart.
Seems like you talk in a different language than the rest of us.
I have a hard time asking if you'd like fries wit dat, my bad...
BoneDaddy
05-01-2007, 01:34 PM
We do them down to a 575 credit score. Anything lower and you can't get PMI to cover it.:)
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