Posted by Linda Juenger on 3/4/10 9:55am
Msg #325286

Borrowers miss out on billions.

http://finance.yahoo.com/loans/article/108957/borrowers-miss-out-on-billions?mod=loans-home

Reply by MW/VA on 3/4/10 10:36am
Msg #325292

This is more like old times--rates are only part of the

equation. With the downturn in values, I'm among those who doesn't have enough equity to qualify for a conventional loan. I also don't want to pay the extra on the front-side for an FHA. As we all know, it's definitely not only about the interest rate.

Reply by Shoshana/AZ on 3/4/10 11:04am
Msg #325304

Try Fannie Mae Home Path. Only 3% down, no MI. n/m

Reply by MW/VA on 3/4/10 11:11am
Msg #325305

How do I find out about that? n/m

Reply by MW/VA on 3/4/10 11:14am
Msg #325307

Did a search--apparently for REO's. n/m

Reply by Shoshana/AZ on 3/4/10 11:28am
Msg #325309

Find a good mortgage broker in your area.

A broker should have at least one lender that offers it. One lender that offers it is CMG. I may be able to get a referral for you if you like.
Good luck!

Reply by MW/VA on 3/4/10 5:15pm
Msg #325381

LOL--isn't that an oxymoron? n/m