Yes, there are loan options out there which will get you 90% WITHOUT MI. Please feel free to contact me or Terry at:
Meet in person with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for. Your Mortgage Banker will discuss the various loan programs, closing costs, and most important of all, monthly payment.
Line up a Home Inspector. A good home inspector will scare the heck out of you: that's what you pay him for! But you'll concentrate on the fundamentals of the property: roof free of leaks, plumbing, heating and electrical up to code and in good working order. Again, when you make an offer and you have your Home Inspector ready to go, your offer will be considered with much more interest by a Seller because you truly have your "ducks in a row" and your preparation demonstrates your serious attitude about conducting the purchase transaction in a timely manner.
Find an experienced Local Realtor who works in your desired shopping area. A serious pro Realtor will refuse to show you homes until you are Prequalified for mortgage financing. Don't take offense! That Realtor doesn't want you to be disappointed and wants you to have a smooth experience as you shop for your new home.
Put together your Team of real estate professionals and shop 'til you drop!
*If you thought my answer was helpful, please give me a â€œThumbs Upâ€ or â€œBest Answer.â€ Thanks!
We have the 80/10/10 program you are looking for.
Anna Maria Durr, NMLS 266699
4500 Highway 6, Sugar Land, TX 77478
Lynn911 Dallas Realtor & Consultant
Multimillion Dollar Sales Producer
Follow me on Facebook
My preferred lender is Amcap Mortgage, local mortgage banker that offers direct lending.
You may apply online at http://www.mrloanapproval.com. Their response time is very quick.
We are local mortgage brokers. I have a 2nd lien lender who can go up to $250K so an 80/10/10 shouldn't be a problem. Please feel free to call me. Thank you!
Anna Maria Durr, NMLS 266699, TREC 596662
Codemark Financial, 2626 Richmond Ave., Houston, Texas 77098
If you have any Real Estate needs or questions feel free to contact me at anytime...
McGrew Properties Inc.