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. |
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 |