2nd home loans

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