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Are there any banks that currently provide 80 15 5 mortgage loans?

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April 23 2009 - Springfield
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Answers (13)

HI Doug! 
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May 05 2009
For this LTV, best bet is an FHA loan in this market.
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May 05 2009
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I give those out like lollipops at a dentist office.
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May 05 2009
No is probably the right answer if you're indeed in NJ, but those that say it doesn't exist any longer are dead wrong. They are alive and well in Texas.
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May 05 2009
Fredrick and Keith are right . FHA is the way to go. There is other options depending on the home. Right now there is a Rural Housing Loan that as of last week was locked in @ 4.75% with 0 DOWN!
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May 05 2009
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 no
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May 05 2009
We have a 95% ltv purchase. If you can qualify creditwise for the mortgage insurance, 5% down on a conventional loan. But for mortgage insurance issues, FHA may be the only choice.
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May 05 2009
The highest combo loan I have seen is up to 85% CLTV right now.  Your best option is FHA (3.5% down payment).
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April 28 2009
I have to agree with Chris... I think your going to have to go FHA for that one.
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April 28 2009
Combo loans are DEAD! 
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April 28 2009
Assuming primary home, most second mortgages have limits to 80% or 75% loan to value(LTV) or combined loan to value(CLTV) when combined with a 1st mortgage. a few conventional lenders are offering 95% one loan with PMI. Otherwise goverment loans would be your next options for 5% equity or investment
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April 23 2009
FHA has taken over the 5% down market .
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April 23 2009
Not to my knowledge, I haven't seen one of those in years.
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April 23 2009
 
Related Questions
is it possible to get a mortgage for 85% of the value of the house in New jersey?
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Latest answer by elias leisring
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Are there any banks that currently provide 80 15 5 mortgage loans?
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Latest answer by Tammy Stockdale
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