Zillow Advice: Home Equity Loans - Does anyone know of a Lender still doing 2nd Mortgages or a MI company still doing a 90% purchase MI

BofA wholesale has a TAMI ...

Mon, 20 Jul 2009 21:40:00 GMT

BofA wholesale has a TAMI product....this is a great tool for purchases

As long as the DTI is below 45% or it could be 41% you could do the Tax Advantage Mortgage Insurance...its built into the rate. this can support up to 90% LTV

Stearns wholesale is still using Radian Insurance so they can do 95% purchase or rate/term refis.

Hope this helps!

I just closed 95% purchase ...

Thu, 09 Jul 2009 00:37:00 GMT

I just closed 95% purchase in declining market at Sierra Pacific (here in WA) you might try them.

You should be able to do ...

Tue, 07 Jul 2009 00:38:00 GMT

You should be able to do either of those options with that credit score provided your debt ratio is in line. I would talk to some more lenders or look up an experienced mortgage broker in your area.

Dan I'm with Joe, why can't ...

Thu, 02 Jul 2009 16:10:00 GMT

Dan I'm with Joe, why can't you go to 90% on a purchase? There are a number of MI company's that will do this here in AZ.

Dan...Why can't you get MI ...

Thu, 02 Jul 2009 15:08:00 GMT

Dan...Why can't you get MI on a 90%. I just checked 3 different MI companies all who will offer PMI on 90% LTV in AZ

Check with a local credit ...

Thu, 02 Jul 2009 14:56:00 GMT

Check with a local credit union. An associate of mine had a a purchase in which the local credit union agreed to a piggyback 2nd behind the 1st he was doing. The client had to open an account with the credit union so they were a member, though.

Dan - you might try Stearns ...

Wed, 01 Jul 2009 23:45:00 GMT

Dan - you might try Stearns as they still have the 90% with MI. Wells Fargo will do 2nds but usually they want to go behind their own 1st but if you have a strong client they can help you.