Lender Paid Mortgage Insurance Programs, LPMI

The 2 most popular Lender Paid Mortgage Insurance (LPMI) Programs are: Freddie Mac 100 (500.00 Min Borrower Contribution) As of March 31, 2008 this program has been changed to be a 97% program requiring 3% down.

  • 720 Min Credit Score
  • 3% Seller Concession allowed
  • No Income Limitations
  • Alternative Credit is not acceptable

Flex 100 Program ($500.00 Min Borrower Contribution) As of March 31, 2008, this program has been changed to to 97% LTV requiring 3% down

  • 3% seller concession allowed
  • No Income Limitations
  • 620 Min Credit Score Required
  • Alternative Credit is not acceptable

Benefits of LPMI Program - no monthly mortgage insurance

Call for more information 704-490-4733 ext 101

John D. Popp, Branch Manager

1st Metropolitan Mortgage
4608 Highway 49 S
Harrisburg, NC 28075
Phone: 704-490-4733 Fax: 704-225-9950
Toll Free: 1-888-327-8657
(1-888-FAST OKS)
 
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John Popp Charlotte Home Loan and FHA Source

Charlotte, NC

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1st Metropolitan Mortgage

Address: 4720 Piedmont Row Dr Ste 200, Charlotte, NC, 28210

Office Phone: (704) 490-4733

Cell Phone: (704) 796-5440

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North Carolina Mortgage Professional shares comments and answers consumer mortgage questions. Over 20 years of Hands On Mortgage Broker experience.


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