2 February, 2010 (12:02) | Buyers, Investing, Real Estate
Effective for new registrations on or after 02/05/10, the maximum LTV for second homes will be increased to 90% for Conventional Conforming purchases.
- P&I Fixed and ARM products (excludes IO and 3/1 ARMs)
- Loan amounts < $417,001 only
- Purchase transactions in Stable/Soft Markets only
- SFD and PUD-detached property types only
- 720 minimum recommended credit score
If you received this email, you are in a Stable Market.
Steve Florio
Mortgage Advisor
ERA Mortgage
Southern Utah, Mesquite NV
435-640-0364 / cell
435-635-1504 / office
435-635-1662 / fax
steve.florio@mortgagefamily.com
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