Post A Reply
read DMs/my profile
login
|
join CAFords
|
search
|
faq
|
»
Northern California Ford Owners
»
Automotive
»
General Talk
»
FUUUUCK buying a house
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code is enabled.
[QUOTE]Originally posted by Yaterstang: [QB] [QUOTE]Originally posted by N8: [qb] good luck man. What are you gaining by going with a split loan may I ask? All my purchases have been 1 loan so I never encountered this. [/qb][/QUOTE]Just like Venomous says, anything over 80% would require PMI but also in jdubs case a single loan of the 90% will run you into the jumbo rates. Jumbo rates have been garbage, even with fannie mae picking some of the loans up over 417K. The rates for jumbo have been typically running a percent and 1/4 higher than a conforming loan amount >417K. Also any loans that were done in the past five years, you know stated income one loan to 100% with no PMI have been pretty much been wiped out because nobody on wall st are willing to buy the loans. So the majority of loan programs that are left are the conforming loans, which due to all the defaults doesnt seem like a bad idea now. [/QB][/QUOTE]
(
how?
)
Instant Emojis
Instant UBB Code
What is UBB Code?
Options
Disable smilies in this post.
*** Click here to review this topic. ***
Questions/Requests/Suggestions? email CAFords
Fueled by
Ford Mustang Owners
on CaliforniaFords.com