no_vaseline_IHB
New member
Jeez! This thread was two years old!
Can you even get a 10/20 anymore?
Can you even get a 10/20 anymore?
What do you think of the 10/20 mortgage?
- Thread starter finally buyin_IHB
- Start date
NEW -> Contingent Buyer Assistance Program
As of last week Chase and Wells would not do 80/10/10. Only conventional and jumbo stand alones with at least 20% down and perfect credit.
wow, i'm surprised, but it looks like a lot of places are giving 95% loans! PMI looks pretty high, like 1% for that, though.
usctrojanman29_IHB
New member
If you can, you're probably gonna have to pay through the nose. Anything other than a 15-year or 30-year fixed mortgage doesn't make sense in terms of rates.no_vaseline said:
ConsiderAgain_IHB
New member
no_vaseline said:
As of last week Chase and Wells would not do 80/10/10. Only conventional and jumbo stand alones with at least 20% down and perfect credit.
stepping_up_IHB
New member
B of A is doing 95% financing. It's all one first mortgage.
freedomCM_IHB
New member
stepping_up said:
wow, i'm surprised, but it looks like a lot of places are giving 95% loans! PMI looks pretty high, like 1% for that, though.
stepping_up_IHB
New member
you can buy down the PMI to be zero.
QH Renter_IHB
New member
This is a blast from the past. I like how someone commends the original poster for their "conservative approach" in choosing a 10 year interest only mortgage.