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Re: Here's a first!
Posted by  bfd110_IN of IN on 11/22/11 5:16pm Msg #404753
Unless it was a USDA loan. There was a change in October that reduced the monthly MI. By doing that though there is an annual fee that will be paid. The reason for doing it was to allow the plan to become self standing. Allows you to finance over 100 LTV but you are going to pay for it.
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Messages in this Thread
 Here's a first! - desktopfull on 11/21/11 9:43pm
 I wouldn't sign that on a bet. Talk about "think we'll -  Susan Fischer on 11/21/11 9:58pm
 I wouldn't sign either, but I can't say a word about the fee n/m - desktopfull on 11/21/11 10:02pm
 Why you wouldn't sign, then, desk? All things being -  Susan Fischer on 11/21/11 10:38pm
 Re: Why you wouldn't sign, then, desk? All things being - desktopfull on 11/22/11 8:33am
 OOPS, to con't: Good thing I retired. I just couldn't -  Susan Fischer on 11/21/11 10:25pm
 Was it a HELOC? -  ReneeK_MI on 11/22/11 5:24am
 No, it's a purchase with mortgage. Very strange, never heard - desktopfull on 11/22/11 8:27am
 Re: No, it's a purchase with mortgage. Very strange, never heard - Michael Brudenell on 11/22/11 10:09am
 Thanks, Michael - and since the annual fee ... -  ReneeK_MI on 11/22/11 4:35pm
 Re: Here's a first! -  bfd110_IN on 11/22/11 5:16pm
 Thanks that's it. - desktopfull on 11/22/11 5:19pm
 Re: Here's a first! - cremevette on 11/23/11 2:00pm
 Re: Here's a first! -  jba/fl on 11/23/11 2:03pm



 
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