no pmi 10 down payment conventional loan: Conventional Loan Product With Only 10% Down Payment And NO PMI - 07/29/14 04:43 AM
We have a new loan product that I am very excited about, it is a Conventional Loan Product With Only 10% Down Payment And NO PMI.  Yes you heard that correctly only 10% down and NO Private Mortgage Insurance (PMI).
Now before anyone says the other 10% is built into the interest rate, it is not.  In addition to only requiring a 10% Down Payment, and not having ANY PMI, this loan product also has a below market interest rate which has been running about .25% less than the Conventional Loan Products.
This means a Borrower's purchasing power is higher since the … (20 comments)

 
George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages)

George Souto

Your Connecticut Mortgage Expert

Middletown, CT

More about me…

George Souto NMLS #65149 FHA, CHFA, VA Mortgages

Address: One Liberty Sq., PO Box 1000, New Britain, Ct, 06050

Office: (860) 573-1308

Mobile: (860) 573-1308



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