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@David,How many Origination Points on your No-Doc? What's the maximum CLTV? .... Thank you, Rudi
No-doc or stated loans are gone.
Only no doc loan programs are with private investors, 40% to 50% down and rates approaching 10% or more. Get with a loan officer and have them go over your taxes and see what you qualify for you might be surprised. As for PMI the question dose not apply to any no doc program, no income documentation no PMI. As Clay said look for owner financing.
Greenpoint, Wamu, Lehman Brothers, but they are all out of business. If you can not document income you may try owner financing.
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For Sale: $300,000
For Sale: $35,000
For Sale: $226,000