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are there any loans for only 10% down and no mortgage insurance?

This would be my second property, owner occupied. I've got less than 65% of to go at this point. is this looking good for me or no

by wren.deeley13000155 from Cheshire, Connecticut. Apr 24th 2014 Reply


Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

Yes !! I am a Direct Lender in CT and can do it with NO mortgage insurance for your primary residence. call me 347 231 4444 or email me Peter.Botros@USmortgage.com

Apr 24th 2014
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Kofi Akpabla (KofiAkpabla)
#22 ranked lender in Connecticut - 37 contributions

If this is going to be your primary residence we can do it with no mortgage insurance

Apr 24th 2014
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Brad Tippett (btippe_202_589)
#28 ranked lender in Connecticut - 12 contributions

Absolutely, so long as it is your primary residence.Depending on the loan size & other compensating factors, you could do as little as 5% down...If interested, please call 203-221-2661. My name is Brad Tippett & my company is GC Financial ServicesI am located in Westport, CT.

Apr 24th 2014
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#78 ranked lender in Florida - 2,240 contributions

Yes, we can help you give us a call!

Apr 24th 2014
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Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,112 contributions

Yes, you can do a 10% down with no mortgage insurance. Contact a local loan officer and go over your specific scenario with him/her to know your full options

Apr 24th 2014
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,722 contributions

Unless you have VA benefits, there are no "Conforming" loan products where you wont pay MI with less than 20% down.. There are private money lenders who offer this product, but at a higher interest rate, so for most, you're better off paying MI.. also, those that say no, but then say "Upfront" or "one time" premium, is just smoke and mirrors.. your still paying MI.. it's just you pay upfront or they can add the premium to the interest rate.. but in all theses scenarios, you are paying MI.. it's just hidden in higher fees/rates.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Apr 24th 2014
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Ken Dunn (loanman)
#19 ranked lender in Idaho - 40 contributions

Well did you know Hompath offers investment properties with No MI and 10% down Purchase transactions onlySingle Family Dwellings, PUDs and Condominiums allowedHome must be designated a Fannie Mae Homepath property (Fannie Mae Renovation Financing is not allowed). Make sure properties have the logo shown on this post to be eligible.Minimum mid-credit score of 660. Risk based pricing (LLPA) applies...the higher your credit score, the better your rate may be.Maximum LTV of 90% (1-Unit properties)Full documentation of borrower (income, employment, assets, etc.).Gift funds not allowed with investment propertyMaximum financed properties allowed: 4

Apr 24th 2014
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