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Would you consider 15% down? Do you currently own a home because we offer a "home to home loan" to use equity from your current home before it sells to buy a new home? We also offer a Medical Professionals loan with 11% down without mortgage insurance. Please contact me via my profile if you would like to talk.
Yes.... I live in Greenwich and work for a Direct Lender which specializes in JUMBO loans and utilize this type of product for clients on a daily basis. The type of loan you would need is an 80-10-10. These types of loans have slightly tougher guidelines but it is very much possible!If you have any other questions I would be more than happy to help anytime and you can reach me by clicking on my name.I hope this answer solidifies you being able to buy the home of your dreams!Good luck!
RayJoe,Subject to qualifications and underwriting guidelines, some lenders may entertain 90% LTV loans with private mortgage insurance, but there are limitations. Please contact a lender in Fairfield County lender for specifics. If you are working with a real estate agent or attorney, have that person recommend someone reputable.
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