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Profile picture for Salz51

mortgage types

what are the 20/80 split options for a person with credit score around 705 and income of 86,000 year. Can you do this split with an FHA or MA Housing or do you have to do a traditional mortgage. I do have money to put down but not a ton and am looking at my options 
  • April 01 2013 - Wakefield
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Answers (2)

Profile picture for The Mortgage Mark
No longer 80/20 programs.   Most banks can offer Conventional financing up to 95% or FHA to 96.5%.   VA offers 100% financing if you are eligable. 
  • April 01 2013
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Are you working with a lender now? Are you in the business or shopping for a home or rate? I can help a little more when I have a better understanding
  • April 01 2013
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